New World Finance | Critical Illness Cover

Critical Illness Cover

Quite often you hear 'it could never happen to me' or 'I'll sort it out later'. Well the old maxim of "failing to plan is planning to fail" is no better suited to the ignoring of crucial decisions on protection.

A plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. It is often taken in addition to a term assurance policy as an additional benefit or can be a standalone plan.

If the individual is diagnosed with a serious illness, the lump sum could be used is to repay a loan, mortgage, compensate for time off work or pay for any necessary alterations to your home.

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