17/11/2022
How would you cope if you couldn’t work?
It’s hard to put a price on your peace of mind.
The UK Critical Illness Cover Market Report 2022 from Mintel also discovered that 20% of consumers with household incomes greater than £50,000 per year have critical illness cover, compared to just 7% of those with household incomes under £15,500.
If you’re still undecided about whether you need critical illness insurance cover, here are some questions to think about:
Do you have enough savings to cover a long period – potentially months – of being unable to work?
Would your reduced household income be enough to cover your current outgoings?
How would the stress of money worries impact you and your family if you were seriously ill?