Critical Illness Cover: A Lump Sum If You're Diagnosed
Support for the moment you’d least expect, so hopefully a diagnosis doesn’t have to come with financial pressure on top.
Should you fail to disclose or misrepresent a fact, then you risk the insurer only paying part of the claim, declining to pay all the claim and possibly declaring the policy invalid.
Planning for a Diagnosis, Not Just Hoping It Won't Happen
A serious diagnosis changes everything, and the last thing anyone needs at that point is added financial pressure. Critical illness cover pays a tax-free lump sum on diagnosis of a specified condition, giving you room to focus on what matters.
Taylor-Brown Financial advises on critical illness cover, which pays a tax-free lump sum on diagnosis of a specified condition, taken alone or combined with life insurance.
What Would a Lump Sum Actually Cover?
Treatment costs, adaptations to your home, paying down debt, or simply breathing room while you focus on recovery rather than money.
We’ll help you work out a realistic level of cover for your situation.
Standalone or Combined with Life Insurance?
There’s more than one way to structure critical illness cover, and it’s not simply a case of picking whichever sounds cheaper. The right choice depends on what you’ve already got in place, an existing life insurance policy, cover through work, or nothing at all yet, so here’s the difference between the two main routes.
Standalone critical illness
Cover for diagnosis specifically, without bundling it to life insurance, a good fit if you already have life cover elsewhere or don’t need it.
Combined with life insurance
One policy that pays out on whichever happens first, diagnosis or death, worth understanding fully before choosing between the two.
Children's critical illness cover
Many critical illness policies can include cover for your children at no extra cost, paying out a lump sum if a child’s diagnosed with a specified condition. Check whether it’s already included in your policy rather than assuming it.
Michael is a star.
He went above and beyond, not only helping us secure the best mortgage deal but also guiding us through additional essentials like insurances and critical illness cover.
Working with Us
Since inception, we’ve helped a large number of clients get critical illness cover right the first time, comparing how different insurers define the conditions covered rather than assuming one policy’s wording matches another’s. Here’s what that looks like in practice.
We talk through what a lump sum
would need to cover
Treatment, adaptations, debt, or simply breathing room, so we’re arranging the right level of cover, not a generic one.
We compare an extensive
panel of lenders
Including how each insurer defines the conditions covered, since the small print varies more than people expect.
We stay on hand after the
policy's in place
So if you ever do need to claim, you’re calling someone who already knows your policy and your situation, not a call centre.
What Sets Our Critical Illness Advice Apart
Definitions That Matter
Holistic comparison of how different insurers define the conditions they cover, the detail that matters most at claim time.
Choose Cover Wisely
Advice on standalone versus combined life insurance cover, based on what you’ve already got in place.
Direct Claims Support
One adviser you can call directly if you ever need to make a claim, not a call centre.
Cover For Life
Cover reviewed at key life stages, not sold once and left static.
Critical Illness Cover Isn't the Only Option'
Critical illness pays a lump sum on a specific diagnosis, income protection pays an ongoing income for any illness or injury that stops you working. Many people hold both.
Frequently Asked Questions
What does critical illness cover typically include?
Most policies cover conditions such as cancer, heart attack and stroke, alongside a wider list of specified serious illnesses set out in the policy documents. Exact conditions vary between insurers.
Is critical illness cover worth it if I already have life insurance?
Life insurance and critical illness cover protect against different things, one pays out on death, the other on diagnosis while you’re still alive, so many people find genuine value in having both.
Can I get critical illness cover without life insurance?
Yes, standalone cover is available and works well for people who don’t need or already have life insurance elsewhere.
