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A Critical Illness Plan is designed to pay out a tax-free lump sum on the diagnosis of certain specified illnesses. Becoming seriously ill can have a huge impact on you and your family’s ability to live a normal life at this very stressful time. The tax-free lump sum is generally used to pay for medical bills, care costs or daily financial commitments.
This cover is sometimes ‘bolted on’ to a life assurance policy as an additional benefit but can also be taken out as a stand-alone plan.
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Call: 0203 963 9900