Critical illness cover pays a tax free lump-sum benefit upon diagnosis of a critical illness or a critical condition. This can include some forms of heart attack, stroke, cancer and many more.
A critical illness insurance payout helps you avoid the financial strain a major illness can create, so you can focus on your recovery. The policy will also pay out if a policyholder becomes permanently disabled as a result of injury or illness. The policies can be either on a decreasing or level term basis depending on the type of mortgage you have.
We can talk you through all your options.
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 document if you go ahead with a plan.
The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Wooton & Bean is a trading name of Wooton & Bean Financial Solutions Limited.
Wooton & Bean Financial Solutions Limited is an appointed representative of TenetLime Limited, which is authorised and regulated by the Financial Conduct Authority.
TenetLime Limited is entered on the Financial Services Register (www.fca.org.uk/register) under reference 311266.
Registered office: 1st Floor, 65 The Broadway, Haywards Heath, RH16 3AS. Registered in England No:9187571