Why Do I Need Critical Illness Cover?

Critical Illness Cover Introduction

Do you remember back to the days when you were invincible? Well, maybe you weren't actually invincible, but that was how it felt, long before thoughts of life insurance or critical illness cover had ever crossed your mind.

You used to be able to throw yourself out of huge trees, jump off towering rocks into the water and ride at breakneck speeds on your rickety old bike - and it was all done without fear or a thought for the consequences.

But as you've got older, it's all changed. Grandparents pass away, accidents and illness claim those that we know, and we realise that we're not quite as indestructible as we once thought.

Along with this realisation also comes a degree of responsibility. We need to work in order to survive and we might have somebody that depends on us; a partner or even a child. If, for some reason, work is suddenly impossible due to serious illness or injury, the effects can be catastrophic.

Nobody wants to find themselves unable to feed their children or pay their mortgage and so it's vital that you protect against the unthinkable happening by investing in critical illness cover.

It's a sad fact that 25% of women and 20% of men will be affected by something as serious and potentially devastating as a heart attack or cancer before they're old enough to retire. That's why critical illness cover is so essential as it will ensure that a lump sum is paid out in the event that you become seriously ill or completely disabled.

This money will be tax-free and it can be used for any purpose you wish. Some people choose to pay off their mortgage with it, while others use it to ensure that they and their family are able to continue the standard of living to which they've become accustomed.

Discovering you've got a serious illness that could greatly affect the rest of your life is bad enough, but if you've then got to worry about your finances on top of it all, the situation can be ten times worse.

That's why including the option of critical illness cover with your life insurance is so vitally important. It's not just going to protect you, but will also protect the security of your loved ones in the event of a tragedy occurring. And because we're not invincible, tragedies do occur and there's nothing that we can do to stop them.

You may not be able to stop them, but you can protect against them with a cheap critical illness plan from Protected.co.uk.

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