Critical illness cover is designed to pay out a cash sum if you’re diagnosed with one of the critical illnesses covered by the policy, each provider will cover a different set of “illnesses” and we will be happy to run through these with you as definitions vary from provider to provider. This type of cover can be taken on its own or can be added to a life insurance policy. Critical illness cover helps to protect your future. The tax-free lump sum can be used however you decide; from covering additional medical costs, to helping to paying off your mortgage or providing for your dependants. This policy has no cash in value at any time.