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What decisions will you have to make before you can get a quotation?
You will have to make four decisions:
- How long you want the policy to be in force (that’s known as the policy’s “term”)
- How much money you want to insure for (that’s known as the policy’s cover)
- Whether you want to insure simply yourself or include your partner – i.e. whether you want a Single or Joint policy
- Whether you want a Guaranteed or Reviewable policy.
Hot Topics
- Why do I need critical illness cover?
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1 in 5 men suffer a critical illness before their normal retirement age. 1 in 6 women suffer a critical illness before their normal retirement age.
- Why do you need to consider a new Critical Illness policy if you already have one?
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Because older policies were often limited in the illnesses they covered; your own circumstances may have changed; you may now need to increase the sum insured.
- Is there a minimum or maximum amount of Critical Illness cover available?
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When you get an quotation, the insurer providing the quotation has agreed in principle to insure you for the sum you have requested. Therefore, you do not need to worry about this issue.
- Will Critical Illness policies permit the use of alternative medicines?
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After you have been diagnosed with a qualifying Critical Illness and the claim has been paid you can spend your money however you like. So if you want to spend some of your money on alternative medicines then that’s entirely your choice.
- Will you need a medical if you apply for a critical illness policy?
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In order to correctly assess the risk they are being asked to accept an insurance company may require further information from your GP or request that you undergo a medical. In most cases these medicals only take five or ten minutes.
Here’s a Tip
Hot Topics
- Why do I need critical illness cover?
- 1 in 5 men suffer a critical illness before their normal retirement age. 1 in 6 women suffer a critical illness before their normal retirement age.
- Why do you need to consider a new Critical Illness policy if you already have one?
- Because older policies were often limited in the illnesses they covered; your own circumstances may have changed; you may now need to increase the sum insured.
- Is there a minimum or maximum amount of Critical Illness cover available?
- When you get an quotation, the insurer providing the quotation has agreed in principle to insure you for the sum you have requested. Therefore, you do not need to worry about this issue.
- Will Critical Illness policies permit the use of alternative medicines?
- After you have been diagnosed with a qualifying Critical Illness and the claim has been paid you can spend your money however you like. So if you want to spend some of your money on alternative medicines then that’s entirely your choice.
- Will you need a medical if you apply for a critical illness policy?
- In order to correctly assess the risk they are being asked to accept an insurance company may require further information from your GP or request that you undergo a medical. In most cases these medicals only take five or ten minutes.
You may find that you can get quote for a Life Insurance policy with Critical Illness cover cheaper than just Critical Illness policy alone! That would give you far more protection and cheaper too!
Frequently Asked Questions related to the above topic.
Click below if you wish to read them: -
- How much Critical Illness cover do you need?
- How long should you insure for?
- Can you include my partner on your Critical Illness policy?
- Can You Include Your Children On A Critical Illness Policy?
- Should you have a “Guaranteed” or a “Reviewable” policy?
- What conditions are considered critical?
- Are critical illnesses in pregnancy covered?
- Can you include your partner ?
- Are future children included on a Critical Illness policy?
- What level of Critical Illness cover could your children get
- How much does Critical Illness cover cost?
- What is the difference between Critical Illness cover and Terminal Illness cover?
- What information do you need to provide to apply for a Critical Illness policy?
- Will you need a medical if you apply for a Critical Illness policy?
- Once you’ve got your quote, what’s the next step?
- What could critical illness cover be used for ?
- Can you increase or decrease your critical illness cover at a later date ?
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- Go to menu of Frequently asked Questions about Critical Illness Insurance
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