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Is Critical Illness Insurance Really Necessary?
Author : Victoria Slotover
Is Critical Illness Insurance Really Necessary?
Author : Victoria Slotover
Do you think that Critical Illness Insurance is not really necessary because you do not believe that you will ever need it?
Although most people do not like to consider the possibility that it will happen to them, the chances of developing a serious illness are high enough to make it important to do so.
After all, 20% of men and 17% of women in the UK develop a serious illness that prevents them from working, at some point in their lives.
Although Critical illness Insurance cannot alter the odds of becoming critically ill, it can help you to deal with the financial consequences of developing a long term illness which makes it impossible for you to work.
Around 12 million people in the UK are covered by Critical Illness Insurance and providers have paid out over £1.6billion in claims to people since it was first introduced. Read all here!
Although most people do not like to consider the possibility that it will happen to them, the chances of developing a serious illness are high enough to make it important to do so.
After all, 20% of men and 17% of women in the UK develop a serious illness that prevents them from working, at some point in their lives.
Although Critical illness Insurance cannot alter the odds of becoming critically ill, it can help you to deal with the financial consequences of developing a long term illness which makes it impossible for you to work.
Around 12 million people in the UK are covered by Critical Illness Insurance and providers have paid out over £1.6billion in claims to people since it was first introduced. Read all here!
