Serious Illness Cover pays a cash lump sum if you are diagnosed as suffering from a specific serious illness for a term up to 75 years of age.
One in three Irish people will develop cancer by the age of 75, and 10,000 people suffer strokes annually.
In the event of a critical illness a serious illness policy will make a huge difference financially as you may be unable to work, but will have to pay for expensive medical treatment as well as all of your normal bills.
Convertible policies give the option of converting your term Life Assurance policy into a new policy without furnishing any further medical information.