What is critical illness cover?

Critical illness insurance will pay out if you get one of the specific medical conditions or injuries listed in the policy.

But be aware that not all conditions are covered and policy will also state how serious the condition must be.

Don’t confuse critical illness cover with life insurance, although they are sometimes sold together.

Examples of critical illnesses that might be covered include:

  • stroke
  • heart attack
  • certain types and stages of cancer
  • conditions such as multiple sclerosis.

Most policies will also consider permanent disabilities as a result of injury or illness.

It only pays out once and then the policy ends.

Some policies will make a smaller payment for less severe conditions, or if one of your children has one of the specified conditions.

What isn’t covered?

Some serious illnesses might not be covered, for example, some cancers and conditions not listed in the policy.

You probably won’t be covered for health problems you knew you had before you took out the insurance, and this type of insurance doesn’t pay out if you die.

What’s covered and what’s not, will be set out in the policy details so make sure you’re fully aware of them and that they cover your needs.

We can also help you with:

Life Cover

Life insurance can be a great way to help protect your family financially,

Critical Illness Cover

Critical illness insurance, otherwise known as

Income Protection

Income protection insurance is a long-term insurance policy designed to help you

Family Income Benefit

Family income benefit is designed to pay a regular income if you die.

Building and Content

Home insurance protects you from insured events that damage your home or your belongings.

Private Health Insurance

Private Medical Insurance (PMI) is designed to cover the cost of private medical treatment

Relevant Life Cover

A Relevant Life Plan is a term assurance plan available to employers

Business loan protection

Business loan protection provides a lump sum for businesses

Key person protection

When a key person in a business dies it can have a devastating financial effect.

WILLs and Estate Planning

The vast majority of people put off making a Will for a variety of reasons,