Cost of Critical Illness Cover
Critical illness cover can seem expensive but when compared to the costs of a life insurance policy over a number of years, then that cover is normally two to three times the price. The reason for this is that it’s much more likely that someone will suffer a critical illness than to die that term.
The cost of the cover will be dictated by the amount of risk of the client making a claim and having to payout on that policy.
Each policy is specialised for your needs and can cover different eventualities. For this reason it’s best to seek help from a life insurance specialist. Life Insure can help you navigate the life insurance market and guide you through the best critical illness coverage options that are available on the UK market.