Why would you need life and critical illness insurance ?
A life insurance policy is an agreement between you and an insurer in which a sum of money will be paid should you die during the term of the policy. You need to work out which type of policy is most suited to you before you commit to buy. With a critical illness policy you are protected should you be diagnosed with one of the qualifying illness in the terms of your policy. Again, you will receive a sum of money if this happens.
For most people, the main reason for having life and critical illness insurance is to replace your income should you die. This helps to financially support your family or any other dependents that you may have and can offer you peace of mind. It also helps to cover any debts that may have been left behind, again helping to make things easier for family.
Should you be diagnosed with a critical illness or become disabled then you will also have money available to help make any changes necessary to the house and to provide a source of money if you are unable to work as much.
It is worth noting that the types of critical illnesses that are covered under this insurance can vary so you should always check this thoroughly so you are fully aware of all the terms before you buy.
There are many companies that are able to offer you this type of insurance and you should easily be able to obtain a quote either online or over the telephone.