Critical illness insurance, a personal protection policy in case you are diagnosed with a critical or serious illness.
Critical Illness Insurance pays out a tax-free lump sum on the diagnosis of certain life-threatening or debilitating (but not fatal) conditions including heart attack, stroke, cancer, and major organ transplants. This list will vary depending on the insurer.
Critical Illness Insurance often comes as an optional addition to a Life Insurance policy but can also be purchased on its own.
Policies usually only pay out once, so they don’t necessarily replace your regular income, but you can use the money towards medical treatment, your mortgage or anything else you choose.
Many people buy Critical Illness Insurance when they take on a major commitment, like a mortgage, or start a family. However, since we’d all like to have our financial commitments lightened if we were to suffer a serious illness or injury, the cover is relevant for most of us at any time.
Getting actual advice is vital when taking out any protection policy. There are so many different things to consider, such as the type of policy you want, your budget, how much you want to leave behind plus your medical history.
We will carry out a full review of your circumstances, including any existing policies. We will then search the market for a policy designed to meet your needs within your budget and make a recommendation. We will then take care of everything for you, from the application to the underwriting and any medical reports if necessary
Like any insurance product, protection products won’t pay out if you didn’t disclose vital information when you initially made the application, or for fraud. Other than this, if the claim is for something covered under the policy conditions, it should pay out.
There is no set cost for this type of insurance as it’s based on your individual circumstances and needs. Things like your medical history, height and weight and smoker status get taken into consideration when insurers give you a quote.
If you want to run over some figures, see what options are available for you, or want to ask a few general questions, just enquire about a time below.
Register your account with Blue Stone, once approved, you can access your client portal.
Here you will be able to upload any and all documents that your broker requests and it will be received instantly on our end. With end-to-end encryption, this will save us both time and energy – letting us focus on the important things.
If you want to run over some figures, see what options are available for you, or want to ask a few general questions, just enquire about a time below.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Blue Stone Financial Services Ltd is registered with the Data Protection Act 1998 registration No: ZB515720 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 1005177 and is an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 786245 and registered with the Data Protection Act 1998 Registration No: ZA178200.
Blue Stone Financial is a trading name of Blue Stone Financial Services Ltd and is registered in England and Wales, Company Registration No: 14656410 Registered Office Address – Office 5 – Unit D, Bridgers Farm, Nursling Street, Nursling, Southampton, SO16 0YA
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. https://register.fca.org.uk/s/
