Stuart Ockenden SMP

How would you cope if you couldn’t work?

It’s hard to put a price on your peace of mind.

The UK Critical Illness Cover Market Report 2022 from Mintel also discovered that 20% of consumers with household incomes greater than £50,000 per year have critical illness cover, compared to just 7% of those with household incomes under £15,500.

If you’re still undecided about whether you need critical illness insurance cover, here are some questions to think about:

Do you have enough savings to cover a long period – potentially months – of being unable to work?

Would your reduced household income be enough to cover your current outgoings?

How would the stress of money worries impact you and your family if you were seriously ill?

What’s more important than your health?

Most of us don’t give a second thought to insuring our cars, homes, phones and holidays.

But many people still don’t want to insure their health.

A Mintel report found that 50% of consumers with life insurance would not be likely to consider critical illness cover in the future.

It’s one thing to have plans in place to help your family after your death, but what happens if you get a critical illness in the meantime?

According to Cancer Research, there’s a 1 in 2 chance of people in the UK being diagnosed with cancer if born after 1960. And many other critical illnesses can result in you being unable to do your job.

Critical illness insurance cover for priceless peace of mind.

Critical illness cover is an affordable way to financially protect your family and home.

Nobody knows what’s around the corner health-wise. When you’ve got children and a mortgage to think about, it pays to consider what would happen if you suddenly couldn’t work.

The last thing you need when you’re seriously ill is to be worrying about money.

Critical illness insurance cover is a policy that pays a lump sum to help with the following after your diagnosis:

Paying monthly expenses such as your mortgage, loans or credit card bills.

Helping to replace lost income while you’re unable to work and undergoing treatment.

Any other additional health-related costs such as childcare and transport