Critical Illness
What Is Critical Illness Business Protection?
Critical Illness Business Insurance pays out a lump sum of money in the event of death diagnosis of a terminal illness (a condition where the insurance provider and medical professionals deem that a person has less than 12 months to live) but also covers many other conditions that are specifically defined by each insurer and pays out on clinical diagnosis.
How Does Critical Illness Business Insurance Work if I'm an Employee?
An employee getting a critical illness can be quite scary, not only for the employee but also for the company as well. Using critical illness insurance cover that pays out if a member of staff is diagnosed with a critical illness will help the company transition if necessary, or even provide an additional payout to the staff member and their family. An employer can take out critical illness business cover on behalf of an employee to help mitigate these risks.
How Much Insurance Do I Need if I'm an LTD Company Director?
With everyone’s circumstances and income levels being so different, we would love to get to know you better in order to recommend which critical illness insurance policies will help you achieve what you need, should the unexpected ever happen. Arrange a time to speak to a Critical Illness Business Protection specialist here.
How Much Insurance Do I Need if I'm Self-Employed?
Self-Employed people sometimes have the least amount of financial protection from government subsidies and they are responsible for their own sick pay as well as their own liabilities. We recommend you speak with one of our award-winning critical illness insurance policy specialists so they can help guide you through the options and find the most cost-effective solutions.
