New Cover For You
Welcome to New Cover For You!

Insurance Articles


The Growing Popularity and Importance of Critical Illness Cover
By Victoria Slotover


Critical illness cover is one of the most popular and fastest growing insurance products available in the UK. This is shown by the fact that there was a 31% increase in the number of critical illness insurance policies sold between 2001 and 2003.

What is Critical Illness Cover

Critical illness insurance pays out a tax free lump sum to policy holders if they are diagnosed with a serious illness which is covered by their critical illness plan. Examples of serious illnesses covered by critical illness insurance policies include; strokes, heart attacks and cancer.

Policyholders can use this money in any way that they wish such as for medical care or to cover living costs that they cannot otherwise meet owing to loss of income.

Who Should Consider Critical Illness Cover

Most people do not like to contemplate the fact that they might become seriously ill and assume that it will not happen to them. However, statistics demonstrate how widespread serious illness is and that we should face the fact that we might suffer from it at some point.

For example, 100,000 people in the UK have strokes each year and almost 8,000 of them are under 55 years old. Of these, a third die within twelve months and another third, over spend the rest of their lives disabled.

Furthermore, in the UK, 300,000 people have heart attacks each year and 80% of sufferers aged between 45 and 65 survive. Whilst over 30,000 women are diagnosed with breast cancer annually many of whom survive for a number of years but continue to need medical treatment.

Given that so many people who are diagnosed with serious illnesses go on to survive but need ongoing medical treatment and often cannot continue working, critical illness insurance can provide a very welcome financial safety net.

Useful critical illness insurance information sites:

Critical Illness Cover UK.

Critical Illness Insurance UK.

Article Source: http://EzineArticles.com/?expert=Victoria_Slotover

For more information about this article and/or the author visit http://www.critical-illness-cover-uk.co.uk

For more information, news and articles see:

Payment Protection Insurance - Payment Protection Insurance
...o the global economic downturn, there is a real concern for many people regarding the security of their job with the threat of being made redundant ever increasing. The biggest fear for many is that t...
Visit Payment Protection Insurance...

Loading Bay Equipment - Loading Bay Equipment
.... With this equipment, you are able to load and unload all your merchandise with great ease and efficiency. We provide high quality equipment which is cost effective as well. We implement all possible...
Visit Loading Bay Equipment...

Car Gap Insurance - Car Gap Insurance
...r heard of car gap insurance until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in the event of a c...
Visit Car Gap Insurance...

Jet Ski Insurance - Jet Ski Insurance
...ere are many makes and models that frequent numerous Jet Ski Insurance water centres. Taking to the wet stuff on your powerful jet ski will be an exhilarating experience and you`ll Jet Ski Insurance ...
Visit Jet Ski Insurance...

Marina Insurance - Marina Insurance
... different policy wordings from a variety of companies, this is a guide is to help you decide what sort of policy would suit you more and give you the exact cover you need. You have to look for value ...
Visit Marina Insurance...

Dock Levellers - Dock Levellers
...les near for loading and unloading your various goods. Our levellers are extremely strong and durable, and are made to handle your vehicle with ease. You are given easy operational control and flexibi...
Visit Dock Levellers...

Courier Insurance - Courier Insurance
...ce is a must as some parcels being sent might be quite costly or important. Losing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important co...
Visit Courier Insurance...

Ppi Claims - Ppi Claims
...presentative from the bank seemed to bamboozle you with facts and figures and to be honest; you didn`t quite understand what was going on. You just wanted the loan because you needed a newer car as t...
Visit Ppi Claims...

Gap Insurance - Gap Insurance
...iliar with car insurance but how many people know what gap insurance is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insu...
Visit Gap Insurance...

Hgv Courier Insurance - Hgv Courier Insurance
... would normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; therefore they will b...
Visit Hgv Courier Insurance...


Click For More Detailed Information on:

Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map

Copyright © 2003-2010. All Rights Reserved.


Valid CSS!