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Call us for further information on:
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0116 240 4402
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or alternatively email us at:
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ifa@greyfriars.co.uk
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These policies are designed to pay out a tax free lump sum upon the diagnosis of one of a comprehensive list of illnesses. The money could be used to buy time for your recuperation, pay for specialist private medical treatment or for structural modifications to your home.
It is more expensive than life cover but as, thankfully, our chances of surviving a critical illness continue to improve, its popularity continues to grow.
Below are costings for a lump sum of £100,000 for a non-smoking male:
Male Non-Smoker
Critical Illness Protection
| OWNER |
AGE |
SUM ASSURED |
TO AGE |
LIFE ASSURANCE
PROTECTION COVER ONLY
(cost per month) |
| Single Life |
20 |
£100,000 |
60 |
£39.64 |
| Single Life |
30 |
£100,000 |
60 |
£35.04 |
| Single Life |
40 |
£100,000 |
60 |
£50.68 |
| Single Life |
50 |
£100,000 |
60 |
£92.31 |
Single Life – Sum assured payable on diagnosis of a critical illness during the term and provided you survive more than 14 days after diagnosis. Policy will cease at age 60.
Figures produced from comparisons dated 29.1.07.
The above figures assume acceptance of risk at ordinary rates.
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