Critical Illness Cover
A lump sum from Critical Illness Cover could help with the financial impact of a specified serious illness. Understand the policy’s conditions and discuss cover around your needs.
Request a no-obligation adviser call. We’ll contact you to discuss your needs; the enquiry does not provide an instant online price.
Support when life takes an unexpected turn
Critical illness cover is designed around specified conditions and policy definitions. The graphic illustrates the idea of a financial buffer; the exact benefit, exclusions and claim criteria depend on the policy.
What is Critical Illness Cover?
Critical Illness Cover can pay a lump sum if you are diagnosed with one of the conditions listed in your policy and meet its definition. Conditions covered and required severity vary between insurers.
Who is it for?
It may be relevant if a serious illness would put pressure on your finances. Consider your household income, savings, existing insurance and employer benefits when deciding whether you need cover.
What does it cover?
Check the complete condition definitions, exclusions and any waiting or survival periods. If life insurance is included, ask how a critical illness payout would affect the remaining benefits.
Specified Conditions
Policies may cover specified forms of cancer, heart attack and stroke, alongside other conditions. Not every diagnosis or severity is covered.
Policy Definitions
A claim is assessed against the policy wording. Being unable to work does not, by itself, mean a Critical Illness claim will be paid.
Not sure how the cover options differ? Discuss them with an adviser before you decide.
Why might you need it?
You could use a payout towards household bills, mortgage payments or additional costs arising from illness. The cover is different from Income Protection, which can provide regular payments when illness or injury prevents you from working.
Important considerations
- Look at what is covered as well as the premium.
- Check any exclusions or different terms applied after the insurer assesses your application.
- Ask whether a payment would end or reduce the policy.
- Answer all application questions accurately, including those about your medical history.
Ready to discuss Critical Illness Cover?
Start your enquiry and request an adviser call. You can discuss the cover you want and ask about benefits, definitions and costs.
Your enquiry is no-obligation. An adviser will contact you to discuss suitable options before you decide whether to apply.
