Illness Cover

What is Illness Cover?

Illness Cover (also known as Specified Illness Cover or Serious Illness Cover) is a financial safety net that pays out a lump sum if you’re diagnosed with one of the illnesses listed in your policy. These typically include 60–70 conditions such as cancer, heart attack, or stroke, although the exact number depends on the insurance provider.

This payment can help you manage medical costs, household bills, and other financial responsibilities during a challenging time—helping you focus on recovery, not expenses.

Business Illness Cover

Is your business protected if a key person falls ill?

Business Illness Cover is designed to protect your company from financial disruption due to the serious illness of a business owner, director, or key employee. It can be used to:

• Cover company loans and debts.
• Offset the financial impact of losing a vital team member.
• Provide a lump sum to buy out the share of a partner or director who can no longer work due to illness.

Protect your business continuity—speak to our team today for tailored advice.

Personal Illness Cover

Safeguard your family’s financial future.

Personal Illness Cover provides a tax-free lump sum if you’re diagnosed with a serious illness. It can help with:

• Supporting your dependents.
• Paying off personal or car loans.
• Covering unexpected medical or hospital bills.
• Offering financial breathing room during recovery.

Unlike Specified Illness attached to mortgage protection (which pays the bank), a standalone policy ensures the payment goes directly to you and your family.

Not sure how much cover you need? We’ll help you determine the right amount based on your age, income, debts, existing cover, and number of dependents.

Additional Benefits of Illness Cover

Some policies also include:

• Hospital cash payments
• Accident recovery payments
• Surgery assistance payments

These extras can provide invaluable support during your time of need.

How Much Does It Cost?

Illness Cover is more affordable than you might think—but it depends on:

• Your age and health
• The level of cover
• Income, debts, and family situation
• Your monthly budget

We believe in full transparency. That’s why we show you all available quotes, so you can be confident you’re getting the best value.

Get your free quote now—no obligation, just peace of mind.

Real-Life Case Study

John and Susan are married with two children. Each earns €40,000 annually, or about €2,850 monthly after tax.

Monthly Expenses:

• Mortgage: €1,400
• Crèche: €1,600
• Personal/car loan: €400
• Groceries: €1,000
• Utilities: €300
• Miscellaneous: €200
  Total: €4,900/month

If John were to become seriously ill and could no longer work, Susan would be left to cover nearly €5,000 in monthly bills on her income alone.

If John had taken out an Illness Cover policy worth €34,200 (1 year of his net income), it would ease the financial strain significantly during recovery.

Let’s Talk—Your Future Deserves Protection. Whether you’re an individual or a business owner, we can help you find the right Illness Cover for your needs and budget. Protect what matters most—your health, your family, and your livelihood.

📞 Call us now on 087 778 5325
📧 Or  request a free quote

Illness Cover for the Self-Employed

When you’re self-employed, you are the business. If illness strikes and you’re unable to work, who pays the bills? Illness Cover (also known as Specified or Serious Illness Cover) offers a tax-free lump sum payment if you’re diagnosed with a covered condition—helping you stay afloat while you recover.

With no employer sick pay, and often no income protection from the state, self-employed individuals face greater financial vulnerability. Illness Cover helps bridge the gap and keeps your business—and your life—on track.

Why Self-Employed Professionals Need Illness Cover

Whether you’re a tradesperson, consultant, contractor, or freelancer, you rely on your ability to work. Illness Cover gives you the financial flexibility to:

• Pay your mortgage, rent, or household bills
• Cover personal and business loans
• Support your dependents
• Keep your business running (or buy time to restructure)

Illness Cover ensures you don’t need to dip into savings or rely on family if you’re diagnosed with a serious illness.

Real-Life Example: Meet Mark

Mark is a self-employed electrician with a net income of €3,200/month. His household expenses include:

• Mortgage: €1,500
• Family bills & groceries: €1,200
• Car loan: €350
• Utilities & other: €300
  Total: €3,350/month

After being diagnosed with a serious illness, Mark couldn’t work for 9 months. But thanks to his Specified Illness Cover policy, he received a lump sum of €36,000, which helped:

✅ Keep his home secure
✅ Support his wife and kids
✅ Cover medical expenses
✅ Avoid business debt

Illness Cover gave Mark the breathing space to focus on recovery—not bills.

Business Illness Cover for Sole Traders & Directors

If you’re a Sole Trader, Director, or Small Business Owner, Business Illness Cover can:

• Cover business debts or outstanding loans
• Provide a lump sum to sustain operations during your absence
• Enable a buyout if a partner or co-director becomes seriously ill
• Protect your team and your income stream

This is especially important if your skills, license, or personal reputation are central to your business’s success.

Additional Benefits

Many Illness Cover policies come with built-in extras at no extra cost:

• Hospital cash payments
• Accident recovery payments
• Surgery cash assistance
• Second medical opinion services

These small but meaningful supports can make a big difference during a difficult time.

What Does It Cost?

The cost of Illness Cover depends on factors such as:

• Your age and health
• The amount of cover you want
• Your income and debts
• Existing protection you may already have
• Number of dependents
• Your budget

We tailor policies to suit what you can afford, without compromising on the protection you need. And we’ll show you a full range of quotes from trusted providers so you know you’re getting the best deal. Don’t Wait for a Crisis—Plan Ahead

You work hard for your income. Don’t let an illness take it all away. With the right cover in place, you can:

✅ Maintain financial independence
✅ Protect your family
✅ Keep your business going
✅ Reduce stress during recovery