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 or injury.
A life and critical illness insurance policy can help to ease the financial burden a serious illness could bring. Instead of worrying about the day-to-day bills, critical illness cover can ensure you’re able to focus on managing your health and spending time with loved ones.
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 may 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, we aim to build long term relationships with our clients and provide you with an advice service over your financial lifetime to ensure you always have the right advice for your situation and changing circumstances.
Although based in Carlisle, our clients come from much further afield. We regularly work with clients from across Cumbria (including Kendal, Keswick, Penrith, Whitehaven and everywhere in between), the Scottish Borders, and North East England. Many of our advice services can be provided by phone and email but our advisers are always happy to meet you face to face.
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: 05719965
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.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Some buy to let mortgages are not regulated by the financial conduct authority.
Approved by The Openwork Partnership on 01/11/2023
©2024 Stan Sherlock Associates Ltd. All rights reserved