Opening hours
Mon - Sat: 8am - 8pm
Sun: 10am - 5pm
Address
57 High Street
Rayleigh, Essex, SS67EW
Phone numbers
01268 330 880
07738 165 602
Phone numbers 01268 330 880

Critical Illness Cover

What is critical illness cover?

Critical illness insurance will pay out if you are diagnosed with one of the specific medical conditions or injuries listed in the policy.

But be aware that not all conditions are covered and policy will also state how serious the condition must be.

Don’t confuse critical illness cover with life insurance, although they are sometimes sold together.

Examples of critical illnesses that might be covered include:

  • stroke
  • heart attack
  • certain types and stages of cancer
  • conditions such as multiple sclerosis.

Most policies will also consider permanent disabilities as a result of injury or illness.

It only pays out once and then the policy ends.

Some policies will make a smaller payment for less severe conditions, or if one of your children has one of the specified conditions.

Every year, 1m workers in the UK unexpectedly find themselves unable to work because of injury or illness, according to the ABI (2015).

Do you need critical illness cover?

State benefits might not be enough to replace your income if something goes wrong and you can’t work because of long-term sickness or disability.

If you’re eligible, Employment and Support Allowance ranges from around £70 to just over £100 a week, depending on your circumstances and the seriousness of your illness or disability.

You should look at getting critical illness cover if:

  • you don’t have enough savings to tide you over if you become seriously ill or disabled
  • you don’t have an employee benefits package to cover a longer time off work due to sickness.

Contact Our Insurance Advisers Today

Contact Russell Financial Solutions in Rayleigh today to receive our expert guidance and insurance advice.

Get in touch

Latest news

  • Your Credit Score and Mortgages

    Director, Glen Russell is back again. This time with an update on how your credit score impacts your mortgage. Find out more in the video below. Contact…
  • How early can I Remortgage?

    When can i Remortgage? Glen Russell talks you through how early you can Remortgage from your current deal. You can find out more by watching the video…
  • Life insurance explained uk

    Life Insurance explained uk Glen Russell talks you through the basic information of what is Life Insurance and why you need it. You can find out more…
  • What is a fixed rate mortgage?

    What is a Fixed rate Mortgage? Glen Russell talks you through the basic information of What is a Fixed rate mortgage. You can find out more by watching…
  • Kerry Slater
    Very happy with the service we have received! Very quick replies to emails and proactive in helping with the whole process. Not just the mortgage service included but also life and home insurance services too! Many thanks to Jack Johnson and Glen for their help specifically, will continue to use them both in the future :)
  • Hayley Thirkettle
    From day 1 glen and his team showed commitment and such a professional standard. He made sure all my questions and concerns were dealt with promptly. He made getting my first mortgage / property a breeze... highly recommend.
  • Joanna Kurn
    Fantastic service. Found the best deal for our remortgage in very quick time. All went through with no problems. Helped with all the documents we needed and informed us when we had completed on the mortgage. Would highly recommend.
  • Paul Addison
    Brilliant Service, from the initial phone call with Glen, to emails with Maxine it was very easy and painless. Got a great new deal , completed bang on time, and cannot find any fault at all. Would highly recommend, and will back when this deal is due to expire!!
See more reviews