Critical Illness Cover provides a tax-free lump-sum on diagnosis of a specified critical illness, and then it is for you to use as you wish.
It is an option that can be added to your Family or Mortgage Life Assurance cover and provides you with added protection if you were diagnosed with a critical illness. The financial support you receive from the cover will be an immense help towards the mortgage and household bills. It could also be used to modify the home or employing a carer. All you need to do is decide on the amount of cover you are likely to need.
In the event of a critical illness claim you will receive the agreed cash sum and your plan will end.
An extensive list of critical illnesses can be covered, please speak with a Skipton staff member for more details and to make sure you get the level of cover you need.
This service is provided and administered by Legal & General Assurance Society Limited, who are authorised and regulated by the Financial Services Authority.