Are You Allowed To Continue Working After A Critical Illness Claim?

Once an Insurance company has paid your claim it has no interest how you live your life or what you go on to do. The cash is yours to spend how you like and you go on to live your life how you like. Being able to recover in comfort may mean you become healthy enough to return to work or start employment again, perhaps in a different role. If so, that’s fine.

STEP 1 of 2
Type of cover
Life Insurance       Mortgage Life Insurance
 
Cover Level (£)

Number of years
Do you want:  
Critical illness cover
Family income benefit
 

Hot Topics

What could Critical Illness cover be used for?
Anything you want. Medical expenses, repaying the mortgage, making your home easier to live in, school fees, general living expenses, but to name a few.
Is there a waiting period to receive payment on a Critical Illness claim?
All Critical Illness policies require you to survive a specified number of days following diagnosis in order to have a valid claim. The typical survival period is 28 days but some insurance companies have reduced this to 14 days.
How long should you insure for?
20 to 25 years is most common but it really depends on how much you can afford and your personal circumstances.
How much does the critical illness cover cost?
The cost of a Critical Illness policy depends on the amount of cover you need, your personal details (especially your health and age) and the optional extras you select.
Is there a minimum or maximum premium for critical illness cover?
Minimum premiums vary from company to company but they can be as little as £5 per month.
It may be useful to know that:

  • 35% of men and 46% of women who develop cancer survive at least 5 years
  • 1 in 5 men and 1 in 6 women will suffer a Critical Illness before their normal retirement age.

Frequently Asked Questions related to the above topic.
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