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CriticaI Illness Insurance

A team of four healthcare professionals in a hospital, pushing a patient on a stretcher down a corridor.


Critical illness insurance is a form of supplemental insurance that complements traditional health insurance. Unlike comprehensive health coverage, critical illness insurance focuses on a specific set of serious illnesses and conditions. Let’s dive into what critical illness cover is, how it works, and whether you need it.


A medical monitor displaying vital signs with a patient in a hospital bed

What Is Critical Illness Insurance?

Critical illness insurance provides a safety net in case you’re diagnosed with a severe medical condition.

Here’s how it works:

  1. Coverage: You choose between level or decreasing cover.
  2. Diagnosis: If you survive one of the eligible conditions (there are typically 52 covered), the policy pays out a lump-sum cash benefit.
  3. Flexibility: You can buy critical illness cover alongside life insurance or as a standalone policy.


A nurse wearing blue gloves is holding a syringe, drawing a yellow liquid from a medical vial, with medical equipment in the background.

Why Do You Need Critical Illness Insurance?

  • Financial Protection: Pays a tax-free lump sum if you’re diagnosed with a critical illness. Covers expenses not covered by other insurance (e.g., medical bills, home modifications, childcare).
  • Peace of Mind: Focus on recovery without worrying about finances. Use the payout as needed—whether for medical treatments, lifestyle adjustments, or debt repayment.
  • Family Security: Protects your loved ones from financial strain during your illness. Allows you to maintain your family’s standard of living.


How Much Critical Illness Cover Do You Need?

  1. Assess Your Situation: Consider your current lifestyle, family responsibilities, and existing insurance coverage. Evaluate potential out-of-pocket expenses related to critical illnesses.
  2. Calculate the Amount: Think about how much financial support you’d need if you were critically ill. Balance affordability with adequate coverage.
  3. Consult an Advisor: Discuss your unique circumstances with a financial advisor. They can help tailor the coverage to your needs. needs.

Benefits of Critical Illness Insurance

  • Peace of Mind: You know you have money to help you if you are sick.
  • Flexibility: You can use the money however you want.
  • Family Security: You can protect your family from money problems when you are sick.


The image depicts the handwriting of the word “CONCLUSION” with a white marker on a blue background


Critical illness insurance is more than just a financial product—it’s a way to protect your loved ones and provide for their future. Whether you’re a young professional, a parent, or planning for retirement, having the right life insurance can make all the difference.

Affordable life insurance plans are important to protect your family, your money and your mortgage.  Don’t forget, it’s not only a protection; it’s a way to show your family that you care about their future, no matter what happens. 🛡️🏠💕

Remember to review your policy periodically and adjust it as your life circumstances change.

Contact West Wales Money can advice on different types and get you the best life insurance quotes today.

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For further information:

☎️ Call 01239 727990 or 07508 147884

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