Riviera Mortgages, based in Torquay, provide a range of critical illness cover to suit your needs. The local financial advisors can arrange family income protection to support your future.
These days, people are living longer – mostly due to medical advances. As a result, the chance of being diagnosed with a critical illness has also increased. So, the need for critical illness cover is greater than ever.
Legal and General’s recent research discovered that only 22% of people thought they could maintain their lifestyle without having critical illness cover. 33% of people said they’d have to seriously cut back if they wanted to survive, with another 32% realising that they would be in deep financial struggle.
Insurance companies like Legal and General have worked hard to improve the definitions around conditions covered. This has helped to make them much clearer.
Currently, they have around 92% of Critical Illness claims paid, that rises to 96% for Children Critical Illness Cover.
So, people shouldn’t ignore taking out cover due to a fear that it won’t be paid.
For any more information, please visit our critical illness cover page and feel free to contact us for advice.