Specified Serious Illness cover pays out a lump sum if you are diagnosed as having one of a number of serious illnesses which gives you peace of mind knowing you and your family can manage financially after such an event.
This insurance is available to Republic of Ireland customers only at present.
Many people take out life insurance to provide for their families or to cover a mortgage or other substantial loans in the event of premature death. However, there are many medical conditions and illnesses that, although not immediately fatal, have a serious impact on our ability to earn a living.
Heart disease, strokes and cancer are the most common causes of death in Ireland, but advances in medical science mean that more people survive these illnesses every year. This is why more people are seeking to arrange suitable cover.
Specified Serious Illness cover pays out a lump sum if you are diagnosed as having one of a number of illnesses. It makes sense to consider what would happen if you suffered a serious illness or medical condition. Would you be able to continue working full time? For how long? Would your income be curtailed? How would you and your family manage financially in such an event?
Depending on the policy available the following are the typical conditions covered:
At Glennon we offer professional advice on the range of policies available and help clients to select the most competitive product to provide the cover appropriate to their needs.
Interested? Just Contact Us!