Glossary - Critical Illness Insurance

Critical Illness Insurance is financial Illness Cover.
In cases of an unexpected death or injury we all want to know that our families will be alright. Insuring your family and loved ones is important. UK insurance can ensure that your loved ones are provided for financially should anything happen to you. There are various types of policies offered by insurance brokers so it is worth shopping around for the right one for your own circumstances. Quotes can be given online, making it easy to compare the different policies.

Example: UK Health Insurance
UK health insurance can be taken out to cover loss of earnings which is due to illness or redundancy and to cover medical bills.

Types of Policies Include:

  • UK Critical Illness Cover - Tax free lump sum provided when suffering a critical illness.
  • UK Earnings Insurance Protection - An income that provides for all the family if you become ill.
  • Expenditure Protection Insurance - Helps pay bills and any loans if unable to work due to injury or illness.
  • UK Insurance Mortgage Protection - Pays mortgage payments if you become unemployed or injured.
  • Life Cover Mortgage Protection - In the event of a death pays off the mortgage.

Useful Tip
The more online quotes that are received the better the chances of getting lower UK insurance and you should not be afraid to put the insurers into competition with one another by giving details of the different quotes that you have received.

At PeopleFinance.co.uk we can help you find Online UK Mortgages, Secured Loans or Tenant Loans and an independent financial processor can aim to get you the best deal to match your circumstances.

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