Serious Illness Protection Insurance Donegal

Critical Illness Protection Donegal

What is Specified Serious Illness Insurance?

Some illnesses can have a significant impact on your life. They can stop you from working and your recovery may require assistance and time. That’s where serious illness cover comes in. Serious illness Insurance (sometimes called critical illness cover) provides you with financial support if you are diagnosed with a serious illness. It pays out a tax-free, cash lump sum if you are diagnosed with a life-threatening illness such as cancer, heart attack or stroke. There is a wide range of illnesses covered.

People are living longer than ever before. As a result, the chance of being diagnosed with a serious illness at some point in your life is greater. Many illnesses that were once incurable can now be treated successfully. However, this can lead to additional expenses while you recuperate.

advice first retirement planning donegal

Serious Illness Insurance Guide

Serious illness can strike unexpectedly, bringing with it both physical and financial challenges. In Donegal, as in many places, individuals and families face the sobering reality that a critical illness can impact their lives. This guide aims to shed light on Serious Illness Protection and Serious Illness Insurance in Donegal, offering a clearer understanding of these essential financial safeguards.

Serious Illness Insurance, often referred to as Critical Illness Insurance, is a specific type of insurance policy. It is part of the broader framework of Serious Illness Protection. This insurance policy is designed to pay out a tax-free lump sum if you are diagnosed with a covered serious illness during the policy term. The covered illnesses typically include major conditions such as cancer, heart attack, stroke, and organ transplants.


Why Serious Illness Insurance Matters in Donegal:

Financial Security: 

A serious illness can lead to significant medical expenses, loss of income due to an inability to work, and other unexpected costs. Serious Illness Insurance provides financial security during these challenging times, allowing you to focus on your recovery and well-being.

Maintaining Your Lifestyle: 

With a lump-sum payout from Serious Illness Insurance, you can cover daily expenses, mortgage payments, and other financial obligations without depleting your savings or retirement funds.

Peace of Mind: 

Knowing that you have a financial safety net in place in case of a serious illness diagnosis brings peace of mind to you and your family. It allows you to plan for the future with confidence.

Customised Coverage: 

Serious Illness Insurance can be tailored to your specific needs and circumstances. You have the flexibility to choose the coverage amount you want to be insured for.

In Donegal, as elsewhere, the importance of Serious Illness Insurance cannot be overstated. This safeguard provides a vital layer of financial security during life’s most challenging moments. To explore your options and understand how Serious Illness Insurance can benefit you and your family in Donegal, reach out to the experts at Advice First Financial. We are dedicated to helping you navigate the complexities of retirement and financial planning, ensuring that you are prepared for whatever the future may hold.

Call Advice First Financial for Serious Illness Cover Options:

Advice First Financial, based in Letterkenny, Donegal, understands the unique needs and challenges of the local community. We are committed to helping Donegal residents secure their financial futures. When you choose us for Serious Illness Cover, you benefit from:

Personalised Guidance: 

Our team works closely with you to understand your specific circumstances, tailoring your Serious Illness Insurance to meet your needs and budget.

Local Expertise: 

We have deep roots in Donegal and a comprehensive understanding of the region’s healthcare landscape and financial challenges.

Accessible Support: 

We are here for you every step of the way, from selecting the right policy to providing assistance during the claims process.

Serious Illness Insurance in Donegal is not just about finances; it’s about securing your quality of life, protecting your family, and ensuring that you can face adversity with strength and resilience. Whether you’re a young family, a business owner, or an individual planning for the future, don’t underestimate the significance of Serious Illness Insurance. Contact Advice First Financial today to explore your options and build a brighter, more secure tomorrow.

Switching is Easy!

You can switch providers without incurring any costs. As Financial Brokers we will research the market place to bring you the best retirement/pension plans for you. At Advice First our Key Focus is our customers. We are committed to providing you with a quality service at all times

Planning ahead

Meet Sharon… she is 34 and has just returned to work after the birth of her first child. She considers herself to be well paid. But now she has to factor in new costs, like childcare and the day-to-day expenses of looking after her baby. According to Sharon: “This is a good time for me and my husband to review our financial situation and decide what’s important.”

It’s not surprising that, as a new mum, one of those important costs is protecting her family. This has motivated Sharon and her husband to take out Life Cover and Serious Illness Cover. “If the worst happens to one of us, at least we have the comfort of knowing our family will be looked after.”

What’s most important to Sharon? An affordable way to protect her family financially should she or her husband die or suffer a serious illness, and the peace of mind that comes with being insured.

At a Glance…

  • Choose the cash lump sum payment to be paid when diagnosed with a specified critical or serious illness.
  • Can cover you up to the age of 75
  • We’ll get you the best deal from our panel of insurers
  • Paid to your next of kin or your lender with minimum fuss
  • Cancel the policy at any time without penalty
  • Pay monthly by direct debit to spread the cost

What some of our happy Serious illness Protection customers have to say…


I have met with Pascal for a few different things over the years and will be dealing with him in future, it pays to have him on your side.

Would highly recommend Pascal, he is fantastic at what he does, we have been clients for quite a while now and anytime we need assistance it’s no bother to him. Always giving the best advice based on your circumstances. Also he explains everything in a way which is easy to understand, there’s no jargon or gibberish.

Stephen Dobbyn

Can’t recommend Pascal enough, he is very professional and very good at explaining everything in simple english, also making sure that you understand which is the important bit.
He has great patience for listening to the ‘silly questions’ and answering the questions you don’t think on asking.

Paul Mc Elhinney

Frequently Asked Questions on Serious Illness Insurance Donegal

What is Serious Illness Insurance, and how does it differ from Life Insurance?

Serious Illness Insurance provides a payout on diagnosis of a covered serious illness, while Life Insurance pays out on the policyholder’s death. Serious Illness Insurance is designed to provide financial support during the policyholder’s lifetime, especially during illness.

What serious illnesses are typically covered under a Serious Illness Insurance policy?

Serious Illness Insurance typically covers major illnesses such as cancer, heart attack, stroke, and organ transplants. The exact list of covered illnesses may vary among policies, so it’s essential to review the policy details carefully.

Can I have both Serious Illness Insurance and Life Insurance?

Yes, you can have both types of coverage. In fact, we would recommend that you do.
Having both Serious Illness Insurance and Life Insurance ensures comprehensive protection, offering financial support during critical illness and in the event of your passing.

How does the payout work for Serious Illness Insurance?

The payout is a tax-free lump sum on the diagnosis of a covered serious illness. This amount can be used as needed, whether for medical expenses, ongoing care, or maintaining your financial stability.


Still Unsure about Serious illness Protection ?

Why not take advantage of our Protection Review, this review will give you a professional assessment on how well your existing arrangements meet your needs and may even save you money.

For updates and general advice, connect with us on LinkedIn here: Advice First Ltd.

Call us today in Letterkenny: 074 910 3938