Critical illness cover is an insurance add-on that pays out a tax-free lump sum if you’re diagnosed with a serious condition - like cancer, a heart attack, or a stroke - listed in your policy. It’s not about death; it’s about helping you cope financially while you’re still here, covering bills or treatment when you can’t work.
Why Consider It?
A serious illness can flip your life upside down. This cover steps in to ease the strain - whether it’s paying the mortgage, adapting your home, or just keeping things steady while you recover. It’s peace of mind for the unexpected.
How Does It Work?
- Pick It: Add it to your Spirit Cover life insurance policy (not standalone online - chat to our advisers).
- Diagnosis: If a UK doctor confirms a covered condition, and you survive a set period (e.g., 10-14 days), you claim.
- Payout: Get a lump sum to use as you need - terms apply, so check your policy.
Spirit’s Edge
With Spirit, it’s not just a payout. You can place it in a trust (free of charge) to potentially avoid inheritance tax, and it comes with extras like GP 24/7 - all standard. Other providers? They might not bundle these in.
Who’s It For?
- Breadwinners worried about family finances.
- Homeowners with big debts to cover.
- Anyone without a big savings buffer.
Ready to Explore?
Critical illness cover isn’t for everyone, but it could be for you. Contact Spirit’s advisers - we’ll explain it clearly, no pressure.