Critical Illness Cover (CIC)
Protect Your Finances if the Unexpected Happens
A critical illness diagnosis can change everything—but your finances don’t have to suffer. Critical Illness Cover (CIC) provides a tax-free lump sum if you’re diagnosed with a serious condition covered by your policy, helping you manage living costs, mortgage payments, or medical expenses during a difficult time.
At Alphakey Mortgages, we offer whole-of-market advice on critical illness insurance, helping individuals and families across the UK find the right cover to protect what matters most. We’ll explain your options in clear, simple terms—so you can make confident, informed decisions.
Critical Illness Cover FAQs
What illnesses are covered?
Cover varies by insurer, but most policies include major illnesses like cancer, heart attacks, strokes, multiple sclerosis, and organ failure. We’ll help you compare policies based on what’s important to you.
How much critical illness cover do I need?
It depends on your financial commitments, debts, and family needs. We’ll work with you to calculate a cover level that’s appropriate for your situation.
Is critical illness cover the same as life insurance?
No. Critical illness cover pays out while you’re still alive, following a serious diagnosis. It can be purchased alongside or separate from life insurance.
Can I get cover if I have existing health conditions?
Possibly. Some conditions may result in exclusions or higher premiums. We’ll search the whole market to find the most suitable options.
Do I need critical illness cover if I have savings?
Even if you have savings, a lump sum payout can preserve those savings for longer and provide extra financial security during treatment and recovery.
Cover varies by insurer, but most policies include major illnesses like cancer, heart attacks, strokes, multiple sclerosis, and organ failure. We’ll help you compare policies based on what’s important to you.It depends on your financial commitments, debts, and family needs. We’ll work with you to calculate a cover level that’s appropriate for your situation.No. Critical illness cover pays out while you’re still alive, following a serious diagnosis. It can be purchased alongside or separate from life insurance.Possibly. Some conditions may result in exclusions or higher premiums. We’ll search the whole market to find the most suitable options.Even if you have savings, a lump sum payout can preserve those savings for longer and provide extra financial security during treatment and recovery.
Why Take Out Critical Illness Cover?
Financial Security
A lump sum payment can help replace lost income or cover essential bills if illness stops you from earning.
Protect Your Mortgage or Rent
Use your payout to help pay off your mortgage, reduce your debts, or cover rent.
Cover for Serious Illnesses
Policies cover conditions like cancer, heart attacks, and strokes—plus many more depending on the insurer.
Support for Your Loved Ones
Critical illness cover provides peace of mind that you’ve taken steps to protect your family’s financial future.
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