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INDEPENDENT FINANCIAL ADVICE CENTRE
You should remember that past performance is not necessarily a guide to the future. Market and currency movements may cause the value of units, and the value derived from them, to fall as well as rise and you may get back less than you invested when you decide to sell your units. The tax treatment of investments and pensions is not guaranteed and may change in the future.
Your home is at risk if you do not keep up the payments on a mortgage
Critical Illness Insurance covers an individual for life or for a set period against a number of serious illnesses, diseases and medical conditions. It pays out a single tax-free lump sum on the diagnosis of one of the illnesses specified in the policy details.
Please note different providers use different definitions in relation to Critical Illness Cover and that a policy would only pay out if the customer services a predetermined time period following diagnosis unless the plan also included life cover.
What is Critical Illness Insurance?
What different types are there ?
What should I think about when choosing a policy