Critical Illness Cover – For Life’s Twists and Turns

Working in the healthcare industry, doctors and dentists may be more aware than others of the uncertainties in life that are ever-present.

Being diagnosed with a serious illness can suddenly alter the course of your life, impacting not only you but your entire family.

This is where Critical Illness Cover (CIC) comes in as a crucial financial safety net, offering peace of mind during challenging times. 

Dental & Medical Financial Services have been assisting doctors with their financial planning for over 30 years. Learn more about the importance of CIC and how to secure the right coverage for you by reading on.

This does not constitute advice and advice should be sought in all instances before acting on it.

The Importance of Critical Illness Cover

You might think that Critical Illness Cover isn’t necessary if you’re healthy or young, but that just isn’t the case. Statistically speaking, according to research by the British Heart Foundation, Mintel, Macmillan and Stroke Association, 1 in 2 people in the UK will face a cancer diagnosis in their lifetime and over 100,000 individuals suffer strokes annually. When dealing with these conditions, financial complications are the last thing you want to deal with. Which is why obtaining coverage is essential.

CIC helps you after diagnosis 

Luckily, thanks to advances in technology and medicinal innovations, more and more people are surviving critical illnesses. But you shouldn’t have to worry about money when you should be focused on recovering. 

According to Legal & General, cancer claims amounted to 66% of their critical illness claims, 12% were heart-related, and 6% were for a stroke. While the odds are good for full recoveries for most of these conditions, sometimes you will require special care afterwards, and this is where CIC shines.

Financial Support for Critical Illness Claims

Some people think that insurance policies will use any loophole to prevent paying out. In reality, 92% of critical illness claims are paid out, according to Legal & General, to the tune of £224,036,795. The average payout of £66,857 reveals just how vital Critical Illness Cover can be to alleviate financial burdens and ensure you can focus on recovery without financial stress.

Coverage for life’s twists and turns

For doctors and dentists in the UK, embracing Critical Illness Cover is not just a practical financial decision but a step towards securing your well-being and that of your loved ones, now and in the future. 

Dental & Medical Financial Services are big proponents of CIC and know just how important it can be by providing financial security for doctors and dentists dealing with a critical illness. 

To discuss your options and secure coverage, contact Dental & Medical Financial Services today.

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