If you have a child and they become seriously ill, child critical illness would work in the same way as critical illness cover. If your claim was successful, you would receive a lump sum of money, to help with the cost of medical equipment, or for day to day costs, if you are unable to work due to caring for your sick child. Child critical illness cover is usually added to the critical illness or life insurance policy.
You can take out child critical illness cover for more than one child. In much the same way as we don’t know what is around the corner for ourselves, there is, unfortunately, no guarantee for children either. This cover can offer parents a lifeline if their child becomes seriously ill, particularly if they need to give up work.
It is important to find out if this is necessary and to get the right cover for your needs. At Finance Surgery, we are here to help and can offer you advice and support to make the right decision. We can provide you with a critical illness cover quote to suit your needs.