Only 16% of those with life insurance have this
You protect your kids by buckling them up in car seats, cutting grapes into quarters, and slathering on sunscreen – but have you thought about how you can protect them with insurance?
A hidden gem
Did you know, included within many adult critical illness policies, there’s often a hidden gem called children's cover?
According to a Forbes survey, only 16% of those with life insurance policies currently have children's cover.
How does this policy work?
It’s simple, if your child was diagnosed with a critical illness listed in your policy conditions, this insurance would pay out a lump sum.
The money can help with so much: replacing lost income if you had to take time off to support your little one, paying for travel, and so much more. Plus, it never hurts to have some extra cash around when times get tough.
What does children's cover do?
If your little one ever faced a serious illness, this cover can be a financial lifesaver.
It helps manage costs that come with a diagnosis, such as adapting your home to their needs. It's like having a financial safety net, so you can focus on what's truly important – being there for your child.
Why is this cover so important?
While we all hope never to use it, children's critical illness cover provides peace of mind. Knowing that you're prepared for the unexpected allows you to enjoy the everyday moments.
The beauty of this cover is often in its simplicity and inclusivity. Many policies automatically cover your kids, no extra steps needed. The additional children’s cover will often cover your kids for a range of conditions, specific to the unique health challenges children might face.
What conditions does this cover?
Children’s critical illness cover isn’t a policy you can take out alone, it’s an add-on to an adults policy.
The conditions covered by the children’s part of this policy will always vary from provider to provider. But you’ll typically see the below illnesses covered:
- Cancer
- Organ failure
- Loss of limbs
- Down’s syndrome
- Cerebral palsy
- Loss of hearing or sight
Still without a policy?
We can change that.
Not only do we work with the UK’s top insurers, meaning we can search the market for you, but we can set up your policy too.
No need to scroll on comparison websites when you come to us for help with your policy. We can match you with the best provider and policy for your needs and circumstances.
Wrapping up
In the world of worries and responsibilities, it’s easy to overlook the finer details, like insurance.
But remember, insurance isn’t about facing the worst-case scenario; it’s about enjoying life with less worry. Critical illness insurance with added children’s cover can help you do just that.
