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Whilst it is hard to avoid common illnesses such as heart attack, stroke and cancer, there is an easy way to protect yourself financially. Our financial advisers can help you to arrange critical illness cover that will protect you from the financial consequences of falling ill, so that you can concentrate on getting better. This cover can do more than just settle debts or an outstanding mortgage; it can pay out a lump sum on diagnosis of a range of illnesses rather than on death to help you to pay for medical bills, adjustments to your home to help you cope with the illness, or simply a holiday to recharge your batteries.

Critical illness is best used in conjunction with Income Protection which will give you a monthly income if you become too ill to work and will continue to pay until you return. With Critical illness cover you will usually receive a single pay out on diagnosis which is non-refundable, even if you return to good health.

Like life cover, you can arrange your critical illness policy to cover you for a fixed term such as up to retirement, or for the whole of your life. You also have the option of decreasing term assurance (DTA) when the amount of cover decreases over time or level term assurance (LTA) when the cover stays the same for the life of the policy.

Our financials advisers are able to search the whole of the market to find the best cover for your needs. They only work with insurers that have a history of paying claims and offer an affordable cover for contractors for the duration of the policy.

For detailed information on the policies available to suit your circumstances please email info@123contracting.co.uk

Financial advice is given by a firm of Financial Advisers.