What is Critical Illness Cover?
Critical illness cover is a type of life insurance that pays out a tax-free lump sum if you are diagnosed with a critical illness as specified by your policy. These policies, typically, cover around 50-60 conditions. The highest percentage of claims relate to cancer, heart attack, stroke and Multiple Sclerosis.
Depending on the amount of sum assured, this payment could be used to:
- Pay off a mortgage and/or debts
- Provide a “financial buffer” to help replace any lost income
- Provide funds to make necessary alterations to your home which may be required post treatment.
- Pay for the costs of care and treatment, including recuperation aids
Anyone can be diagnosed with a critical condition and it can have a huge impact on daily life, for example, preventing you from working.
Here at Pure Protect Bristol, we aim to take the financial worry away from you and your family whilst you concentrate on recuperating.
- Would you have enough savings to cover your outgoings if you were unable to work?
- Would you want to work if suffering from or, recovering from a critical illness?
- Would state benefits cover your income? The likelihood is they wouldn’t
- Would covering your outstanding mortgage loan be one less worry?
These plans have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.
Plans may not cover all the definitions of a critical illness. The definitions vary between product providers and will be described in the key features and policy documents if you go ahead with a plan.
Client Testimonials
Shaun looked after my critical illness claim and made sure we received our benefit.
I was in hospital for a period of time, if it was not for his help I do not know how we would have managed.
Without our Critical illness cover life would have been much more difficult.
Mark Lormand
Being self-employed with no benefits I was worried about myself and my family if anything happened to me or I was unable to work.
Shaun meets with us every year and talks through the policies we have, he makes sure we are fully covered and not paying over the odds for our policies.
He makes our cover simple to understand and we appreciate his hard work.
Reason: Both relate to illness impacting work and family finances.
Gareth Yandell
Contact Details
St Swithin’s Park,
Almondsbury,
Bristol,
BS10 7TP
We are situated in The Bristol Golf Club, off Junction 21 along the M5, near to The Mall at Cribbs Causeway.
Free parking and a warm welcome is always assured.
Connect With Us
Contact Form
A referral remains the highest compliment we can receive. If you have family or friends that could benefit from our advice, we would be grateful for the introduction. Thank you.
Pure Protect Bristol is a trading name of Shaun Bond who is an Appointed Representative of PRIMIS Mortgage Network, a trading name of TenetLime Ltd. TenetLime Ltd is authorised and regulated by the Financial Conduct Authority. Registered office, St Swithins Park, Blackhorse Hill, Almondsbury, Bristol, BS10 7TP. Principal Shaun Bond