Corporate Critical Illness

As with individual schemes, Corporate Critical Illness Insurance provides a cash lump sum benefit to employees should they suffer a serious, and usually life threatening, illness. The benefit is payable on diagnosis of major medical conditions such as a heart attack, cancer or stroke and a whole host of other ailments.

Critical Illness Insurance is becoming an increasingly valued form of protection. Modern advances in medicine mean that many people are surviving life-threatening illnesses. However, the effect of such an illness can have a drastic effect on personal lifestyles and financial security.

How would you feel if a loyal member of staff looked to you for help during such a crisis? - Could you afford to meet their needs?

The advantage of Critical Illness Cover is that the employee will be paid a lump sum on diagnosis of a serious illness - when it may be most needed to cope with a change of lifestyle - rather than after death. How the money is used, is up to the individual.