What is Life Insurance and Critical Illness Cover?

Life Insurance pays a tax-free lump sum or a regular income if the policyholder dies. Critical Illness Cover does the same if a serious illness is diagnosed or the policyholder becomes totally and permanently disabled. You can set up Life Insurance and Critical Illness Cover to run for a fixed number of years or the rest of your life. And cover is based on your general health, whether you smoke and your family’s medical history.

"As an Independent Financial Adviser, we have access to the entire insurance market – so we can find you the best possible cover at the most competitive price. Because we’re independent, our approach is client focused rather than product led. We’re not here to sell insurance policies. We’re here to give expert advice that’s tailored to your requirements. And when we do this, the right policy follows naturally."

- Simon Claxton, financial services specialist at Macbeth

When you take out Life Insurance and Critical Illness Cover, you're giving your family greater financial security if the worst should happen.

• When a partner dies – the money from a Life Insurance policy can be used for any purpose such as paying off a mortgage or covering the cost of childcare and school fees
• When an illness or disability is diagnosed – you may need the lump sum payment or regular income provided by Critical Illness Cover to arrange long-term nursing care or make alterations to your home 
• Combined life and critical illness cover – a comprehensive policy will give your family the ultimate level of protection