Critical Illness Life Insurance
Critical Illness insurance pays out a tax-free lump sum if you develop an illness or condition covered in the policy. If you'd like to protect your standard of living and your family in the event that you become seriously unwell, then supplementing your life insurance with Critical Illness cover is the way to do it.
You can compare life insurance policies and add critical illness with Confused.com here.
What is it for?
The money can be used for:
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Adaptations to the property to help you with your condition
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Paying living costs if you are unable to work
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Helping to support your family at an already difficult time
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Helping to make mortgage payments or to pay off the mortgage