Critical Illness Cover protects you against illnesses that are serious and can have a severe impact on your life. The Association of British Insurers specifies that cancer, heart attack and stroke are conditions that must be included. These three conditions account for over 80% of all claims.
However, the top insurers will also cover you for around 40-80 additional conditions, including: multiple sclerosis, certain heart conditions, Parkinson's and other neurological conditions, total permanent disability, partial loss of hearing/sight, partial third degree burns, Alzheimer's disease or other forms of dementia, coma, loss of speech, hands or feet, major organ transplant, kidney or liver failure, accident hospitalisation cover, plus many more.
We will analyse each insurer's Critical Illness Cover and recommend the best policy for your specific circumstances. There is a vast gulf between the lesser and better policies - taking advice is essential.
The insurer will pay your claim if your illness matches the definition stated within your policy. The proceeds are paid as a tax-free cash lump sum.
The price of Critical Illness Cover will vary depending on your age, your health, your job, the amount of cover you want and maybe even your hobbies. This is why price comparison site quotes are often meaningless as they won't account for your specific individual circumstances.
We will provide you with accurate premiums from the outset. Nobody likes to see a price and then be told it's not available to them.
The Critical Illness Cover policy you buy is there to protect you and your family - not anyone else - so it's worth finding a policy that will exactly suit your needs.
No. For the period you are insured you continue to pay a relatively low premium in relation to the amount of cover. If you haven't needed to claim then this is ideal - you've had peace of mind the entire time and you've not suffered a serious illness.
It's no different to car insurance - which won't pay out if you don't have an accident - or pet insurance - which doesn't pay out if your pet stays well.
We don't do off-the-shelf. We genuinely care about getting the right cover for you. Your circumstances may be similar to someone else's, but never identical. Our consultative approach means that you'll feel listened to and understood. Also, you'll get a solution that's tailored to your personal needs.
Terminal Illness Benefit: Most insurers include this benefit free of charge with Life Insurance policies - it is completely different to Critical Illness Cover. Terminal Illness Benefit will ensure that the policy proceeds are paid out early if you are given typically 12 months or less to live.
Critical Illness Cover: The illness doesn't have to be life threatening or fatal for you to make a claim. Provided your condition matches one of those listed under your policy then the claim will be paid - regardless of if, or how quickly, you recover.
Yes. The policy will pay out upon the event of death or diagnosis of a critical illness, whichever happens first.
