26 Lowther Street, Carlisle, CA3 8DA
Planning for the unexpected can bring peace of mind for you and your family, and it’s important to think about what would happen if you were unable to work due to serious illness.
In a nutshell, Critical Illness Cover gives you a bit of financial breathing space as you try to recover from a serious illness. Instead of worrying about the day to day bills, Critical Illness Cover allows you to focus on managing your health and spending time with loved ones. At SSA we can help bring peace of mind and ensure that money worries don’t add to your concerns during times of personal crisis, by ensuring you have the right insurances in place. Our specialist Protection Advisers at Stan Sherlock Associates can review your personal circumstances, any policies you already have in place and ensure you are adequately protected should the worst happen.
The cost of your insurance premiums will depend on the level of cover you’d like to achieve, as well as personal factors such as your age, health and lifestyle at the start of the policy.
Take a look at the frequently asked questions we receive from our valued clients and find the information you’re looking for.
Serious illness or critical illness insurance plans pay out a tax-free lump sum on the diagnosis of a range of serious (but not fatal) conditions. A large range of conditions covered are specified in the insurance policy but include things like heart attack, stroke, cancer, major organ transplants and many others. The conditions covered will vary depending on the insurer.
Serious and critical illness insurance often comes as an optional addition to a life insurance policy but it can also be purchased on its own. If you are diagnosed with a serious or critical illness, some policies will pay out a lump sum while others make a regular monthly amount of your sum assured. A critical illness insurance policy won’t always replace your full, regular income but the money could cover mortgage or rent repayments, private medical treatment or other bills.
The cost of a critical illness policy will depend on a range of factors, including the amount of cover you need, how much you can afford in monthly payments, how long the cover will last and your current health and age. Our expert team of protection advisers at Stan Sherlock Associates will help you find the best type of policy and cover to suit your individual needs.
At Stan Sherlock Associates, arranging critical illness cover is not a one-off transaction. We aim to build long term relationships with our clients and provide you with a financial advice service over the lifetime of your policy which ensures you always have the right deal for your situation.
Although based in Carlisle, our clients come from much further afield. We regularly work with clients from across Cumbria and throughout the UK. Many of our financial advice services can be provided by phone and email but our advisers are always happy to meet you face to face.
Have you considered income protection insurance? This option can help you manage your day to day living costs if you can’t work due to illness or injury.
Disclaimer: The information on this website is for use of residents of the United Kingdom only. No representations are made as to whether the information is applicable or available in any other country which may have access to it.
Registered Address: 26 Lowther Street, Carlisle, Cumbria, CA3 8DA
Company Number: 05718865
Stan Sherlock Associates Limited is an appointed representative of the Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the financial conduct authority.
The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.
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