Is critical illness cover worth it?
It depends on your circumstances. Serious illness can mean time off work, reduced income and extra costs. If you have limited savings, little sick pay or a family relying on you, critical illness cover can provide a financial cushion. It costs more than life cover because claims are more likely during the term.
Claims are usually paid
The Association of British Insurers reported that 90.2% of new critical illness claims were paid in 2025.
Alternatives
Income protection covers a wider range of reasons for being off work, but pays monthly rather than a lump sum.
Get the right amount
Think about how long you might be off work and what costs you would face.
Association of British Insurers
This article is general information about UK protection insurance, not personalised financial advice. Policy terms vary between insurers and products, so always check your own policy documents.
Last updated 27 October 2026