Critical Illness Insurance
Prepare for serious medical costs with robust, cost-effective insurance
Critical Illness Insurance can provide a one-off cash lump sum
As with any form of insurance, the key with Critical Illness policies is to sit down with an IFA and work out EXACTLY what it is that you need; and let your IFA go off and start saving you money!
Figures vary from country to country but, among Western populations, one in five men and one in six women are likely to contract a form of critical illness. With those odds, getting insurance in place makes sense. But the market can be confusing, especially as insurance arrangements differ between the UK and the UAE and the terminology is often overlapping when it comes to describing cover; specifically because Critical Illness cover overlaps with Disability cover.
How do Critical Illness Insurance and Disability Insurance differ?
- Critical Illness policies tend to be more expensive
- Critical Illness policies don’t factor in whether you can work or not after diagnosis — you can still work after making a claim
- With a Critical Illness policy, you get paid after diagnosis with a tax-free lump sum
Three reasons to choose Holborn Assets for insurance
Access to the best plans
As part of our holistic approach, Holborn Assets cherry-picks the best insurance plans from our network of partners on your behalf. And, if it comes to it, you (or any beneficiaries involved) won’t need to make any claim alone. We at Holborn Assets will stand by you and shield you from the worst of any bureaucratic hassle that ensues.
Registered and regulated
Holborn Assets is registered with the UAE Insurance Authority (IA) on the brokers’ list (which is one of nine lists related to different insurance specialisms). We have satisfied rigorous criteria relating to governance and financial condition, and are therefore fully licensed to operate under the continued regulation of the IA.
Insurance occupies the bottom tier of our financial planning pyramid. Insurance grounds you. The basis of your holistic financial plan should be protecting yourself against future calamity. Insurance is a shield that protects complementary elements such as your Pension, Investments and Legacy Strategy.
Get in touch
Complete the form if you’d like to discuss Critical Illness Insurance and how Holborn Assets can help.
History and Heritage
Holborn Assets was established in 1998 and is widely considered to be the financial services company of choice in the expatriate market it serves. No other independent company can match our expertise or depth of proposition. We have therefore always felt at home headquartered in Dubai, the world’s fastest growing City State and one of the economic wonders of the world.
Holborn Assets has regulated operations in the UK, Europe, Asia and South Africa and a global administration hub employing 150 people in Sri Lanka. The corporate DNA that has underpinned our growth is simple: we are passionate about helping people put the right money, in the right place, at the right time.
We are a friendly, family company with British values of integrity and respect for all.
Don’t just take our word for it
Latest blog articles
How Will the New Tax Year Affect Your Pension?
The new UK tax year began a fortnight ago on 6 th April 2019. That’s good news for your pensions. If you receive a state pension or pension credits, you will get more. And, if you are auto-enrolled with a work pension in the UK, you and your employee will be making bigger contributions every month to swell your pension pot. Read More
How to Make the Most of Tax-Free Earnings
Expats have plenty of spending options to enjoy – thanks to… Read More