GDC Associates - Independent Financial Advisers

Critical Illness Insurance

We offer Free Critical Illness Insurance quotes for the UK insurance market. So what is a critical illness? Well the most common are heart attack, cancer or a stroke, so on top of that the last thing you need are worries about paying your mortgage.

Critical illness, QUOTE

Critical illness insurance provides peace of mind and may be a condition of the mortgage or remortgage you are arranging. We can offer you the highest quality cover for the lowest possible premium.

Many mortgage lenders offer critical illness insurance policies themselves though they may not be the most competitive available. We can research the whole market on your behalf. With one simple quote request form, GDC Associates  will search all the UK's major insurance companies on your behalf and come up with the best critical illness insurance for you.

Critical illness cover is paid as a capital lump sum if the policy holder is diagnosed as critically ill (different policies cover different illnesses and accidents). It's important to stress the word diagnosed, so for example you only have to have a heart attack, not die from it. If you make a full recovery they don't ask for the money back! People are often confused at what exactly the difference is between critical illness cover and private health insurance. In short the latter only pays for the cost of medical treatment.

Critical illness cover can be taken out in addition to standard life insurance policies or they can be offered as a dual package. If you decide to go for the latter it's important to read the small print, as you may find that once a claim is made the remaining policy becomes void. On a practical note this could mean that a policy holder who has a stroke will receive a single pay-out, which effectively invalidates the ‘other bit' of their life insurance (and finding new cover after a stroke will be next to impossible). If you're in any doubt about the level of cover being offered; seek professional council.