What if it does happen to you?

Imagine receiving news that can totally change your life in an instant.

No one knows what is around the corner. No one knows what will go wrong in their life, when illness will hit, when a breadwinner will die.

You can’t know what will go wrong but you can plan for it. You can be prepared for when life takes a wrong turn.

In the past three months alone, I have some across two cases where a parent has become very, very seriously ill. Both in their 40s. Too ill to work, probably not for many years, if they even survive. They have young children.

Now both families are in trouble as they have expenses and no, or significantly reduced, income. The last thing they need is money problems on top of everything else.

You do not want to be in this situation. And you don’t need to be if you take steps now.

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Critical illness insurance – two short videos to explain why you need it

I have written about critcal illness cover many times and I am a big believer is protecting yourself as as you never know what is around the corner.

Being seriously ill, whether you get cancer, have a heart attack or a stroke, or one of the many other illnesses covered, can financially derail your life, your plans, and lead to  major difficulties in supporting your family.

In this article i just want to give you some facts and general information in visual form.

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A short story about protecting your family…

Your family is important. Your children are important. When you have dependents and loved ones, you want to make sure that they will be financially okay, no matter what happens.

Have a watch of this short clip to understand why you need to have life insurance.

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Can you afford to survive a critical illness?

I have two simple questions for you. Could you and your family survive financially if you suffered a serious illness and were unable to work? Even if you could, would it decimate your savings and future plans?

Being diagnosed with cancer, heart disease or having a stroke is something you don’t expect and is often a matter of bad luck, but you can take steps to make sure you and your family can manage without any financial problems, taking away a major cause of stress.

Let me tell you about a true story. This happened to a client of mine.

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Can you afford to have a serious illness? The facts for the UAE.

The sad and somewhat worrying fact is that anyone can suffer from a serious illness at any time. It doesn’t matter how healthy you feel, and serious illness does not discriminate by gender, age, nationality or income.

Have you considered how you are your family would manage if you were seriously ill, or if your partner became ill and unable to work for an extended period? Not happy thoughts but ones that need to be addressed.

The statistics for serious illnesses in the UAE are significant, even for a relatively young population, when compared to countries with large numbers of retired residents.

Your medical insurance should cover the cost of treatment but it won’t replace an income. That’s where critical illness cover comes in. This is a plan that will pay out a cash lump sum in the event that the policyholder is diagnosed with a serious illness and this insurance is both important and worthwhile.

Consider the statistics for the UAE:

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