A critical illness insurance policy is a long-term policy which covers you for a specific, named medical condition or illness. As such, it is a very useful type of insurance policy to have for anyone with a chronic condition, and it is something that you should bear in mind if you are in that unfortunate situation yourself. In this post, we’ll take a look at 9 signs that you might need help with critical illness cover yourself.
- You Have A Chronic Health Condition
Essentially, anyone who has a long-term or chronic condition should consider whether they need critical illness cover. It is always going to be helpful if you are in such a position. It will help to give you peace of mind.
- You Need To Have Lots Of Time Off Work
If you are in a position where your illness is affecting your income, then that is obviously especially important. So if you need to have lots of time off work as a result of your condition, you should consider critical illness cover.
- You Are Susceptible To Cancer
In a sense, we are all susceptible to cancer. After all, 50% of people born after 1960 will get cancer at some point in their lives. While that is not necessarily going to be lethal, it is still something to be aware of, and it could be life-changing in many cases.
- You Have Had A Heart Attack
If you have had a heart attack at some point in your life, you are considerably more likely to have another one – and critical illness cover could therefore be very useful for you to have. The same is true if you are prone to heart attacks genetically.
- You Have Had A Stroke
As with heart attacks, you are much more likely to have a stroke if you have already had one, or if someone in your family has and there is history there. In this case, you should think about getting critical illness insurance.
- You Are Getting A Mortgage
If you are getting a mortgage to buy a house, it is often advisable to get whatever insurance you might need to protect you and your family. If you have a chronic condition, you should consider critical illness insurance at such a time.
- To Back Up Income Protection
If you have income protection, you will often still need to provide yourself with other protection too, especially if you know you are prone to a certain illness. That’s another time when critical illness insurance can come in handy.
- You Want To Be Safe
One of the best reasons to get critical illness insurance is just to make sure that you are being as safe as possible, rather than allowing fate to do its thing.
- You Are Planning For The Future
Ultimately, getting critical illness cover is a way of preparing for the future, so if you want to make sure that you are doing this you should bear this in mind. As long as you do that, you will feel so much more prepared.