Critical Illness Insurance Advice in Cambridge | Cambridgemoneyman

Critical Illness Insurance Advice in Cambridge

What is Critical Illness Insurance?

Critical Illness Insurance helps you financially in the case where you have been diagnosed with a particular illness. The insurance supports you by paying out a lump sum if you have been diagnosed with any of the conditions stated on the policy, such as cancer, heart attack, or stroke.

Make sure you do disclose any underlying health problems when you are taking the policy to avoid the risk of your claim being denied.

The lump sum is paid out in the event of a claim regardless of if the claimant returns to work or not. The important thing is establishing whether the illness had matched the definition on their policy. 

The lump-sum can be used by the claimant for anything if it be repaying their mortgage, pay for medical care, or renovate their home. 

Policies can be different in terms of which illness they cover and this all depends on which insurer you go to. It’s good to take advice on which policy is best for you to choose. Unlike life cover, critical illness insurance is a lot more expensive because you are more likely to make a claim.

The chances of surviving the types of conditions stated on the policy are a lot higher than they were 30 years ago. In the unfortunate event that you do contract one of the conditions, this often leads to financial consequences. This is one of the reasons why the cover is so popular especially for applicants who have mortgages or children to consider.

Our Critical Illness Insurance advice service

We strive to provide equal opportunity to all our customers when it comes to taking insurance out through ourselves. We wouldn’t be doing our job if we didn’t mention it!

Here at Cambridgemoneyman, we offer all of our customers a free, no-obligation protection review which involves us having a look at any existing policies you have in place and assess their suitability. From this, we will discuss any critical illness and income protection that will meet your needs and, if needed, we will try and personalise this to your available monthly budget. & Cambridgemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR

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Cambridgemoneyman, Nine Hills Road, Cambridge, CB2 1GE.

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