Farrell Financial Planning provide whole of market independent advice on critical illness cover. Our critical illness cover advice service is fully comprehensive. It takes into account your personal circumstances, future plans, any cover you may already have in place and any existing medical conditions. Our in-depth knowledge and experience of the protection market ensures you get the most suitable critical illness cover advice.
Critical illness cover ensures you receive money if you become critically ill. There are several different types of critical illness cover available from a number of different providers. Some people need a lump sum payment if they become critically ill, some need an income, but others need both. Added to this not all providers use the same critical illness definitions.
To ensure you put in place the most suitable critical illness cover for your individual circumstances, it is imperative to take independent financial advice.
Critical illness cover is often seen as expensive and unattractive. There are a few reasons for this. Firstly compared to life assurance it does look a little more expensive. Secondly no one ever feels they could ever take critically ill, especially when they feel healthy.
Now take a look at some statistics:
Looking at this brief snap shot of the statistics we very quickly realise that critical illnesses are not as uncommon as we like to think.
Suddenly the higher premiums often charged for critical illness cover sound very reasonable.
Unfortunately, many people only consider taking advice on life assurance and critical illness cover, after it is too late.
Searching yourself for a cheap deal on critical illness cover might seem like an adventure – but without fully understanding what you are covered for could lead to disaster in years to come.
Most people would agree opting for the cheapest pair of shoes, the cheapest car or the cheapest holiday is not normally good sense. This is because there is a fair chance that the cheapest option will have limitations which make it unsuitable for your needs. Critical illness cover is no different. Although price is very important, the cheapest option is not always suitable or even good value for money.
Without independent advice on critical illness cover you could be wasting money on cover which is not overly suitable for your needs and circumstances.
Farrell Financial Planning offer a no obligation review to ensure you have the correct level of life assurance and critical illness cover in place. As whole of market financial advisers we can find the best possible deal for you in the market place. Our in-depth experience also means we can help guide you through the medical underwriting process.
Why not contact one of our independent advisers today for a no obligation chat and discuss your critical illness needs. Don’t leave it until it’s too late.
As whole of market independent financial advisers (IFAs) our advice is not tied to the products of any life assurance or critical illness cover provider.
Our Scottish base in Glasgow is no barrier to giving whole of market independent financial advice across the UK.
* Source: NHS Inform
** Source: Cancer Research UK
*** Source British Heart Foundation