Critical illness can be taken out as an addition to Life Insurance. It pays out a lump sum in the event of the Policy holder becoming critically ill, such as having a heart attack, having cancer or a stroke.

It can help make it easier to cope financially at a time when you need to concentrate on getting better. It also comes with built in emotional and practical support.

Individuals can choose to have their claim paid as a level lump sum, increasing lump sum, decreasing lump sum, level monthly income or increasing monthly income: Level lump sum: Pays a single lump sum of a fixed amountIncreasing lump sum: pays a single lump sum that will go up over their life planDecreasing lump sum: pay a single lump sum that will go down over their life planLevel monthly income: Pays a monthly income. This income will be the same each month, for the of the plan.Increasing monthly income: pay a monthly income that will go up over the life of their plan.

Cover can be made on a single life, joint life or life of another basis.