Specified Serious Illness

If you were diagnosed with a Serious Illness you may be unable to continue in your employment and may face severe medical costs. Specified Serious Illness cover pays you a tax-free lump sum if you are diagnosed with one or more of the specific illnesses or disabilities that your policy covers. It can also be referred to as ‘Critical Illness cover’. It is often offered as an extra benefit on a life insurance or mortgage protection plan, but it can also be obtained as an independent insurance policy on its own.

What is Covered by a Serious Illness Policy?

A full list of Serious Illnesses that a policy covers will vary between the different providers. They will normally include (but are not limited to) the following:

• • Specified Serious Illness cover for your children
  • Heart Attack
  • Stroke
  • Certain Forms of Cancer
  • Coronary Artery Disease
  • Multiple sclerosis (MS)
  • Motor Neuron Disease
  • Kidney Failure
  • Blindness
  • Serious Burns
  • Benign Brain Tumours
  • Permanent total disability
  • Overseas surgery benefit

There is a wide choice of Serious Illness plans available on the market, but at Verity Financial Services we can help relieve the worries for you and your family by recommending the correct plan with the most suitable benefits for you.