What happens if your condition deteriorates after making a claim on your Critical Illness policy?

As far as your insurance is concerned, it makes no difference. Your policy has already paid out and your ex- insurer has no further interest in your health.

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

Can You Include Your Partner On Your Critical Illness Policy?
Yes, as with Life insurance, Critical Illness policies can insure one or two lives.
What is “Total and Permanent Disability”?
“Total and Permanent Disability” means that if you are diagnosed with any illness, or have an accident, that totally and permanently prevents you from working, you have a valid claim.
Are Critical Illnesses In Pregnancy Covered?
Pregnancy does not affect any claim under critical illness insurance. It would be hard to make a case that pregnancy was a ‘self-inflicted injury’!
Are future children included on a Critical Illness policy?
All natural, step and legally adopted children are insured under a Critical Illness policy so long as they are aged between 1 and 18 years (although some companies only consider children from aged 3).
What information do you need to provide to apply for a Critical Illness policy?
The Application form will ask questions regarding your height, weight, age, sex, current state of health, occupation, hobbies etc.
If, regrettably, you have been diagnosed with a Critical Illness listed on your policy then this will enable your claim to be paid to you after the qualifying “survival period”*. The money will then be yours to spend however you want.

*Please be aware that under the terms of your policy, you have to survive for a minimum number of days following the diagnosis of a critical illness. This is called the “survival period”. Survival periods are typically 28 days although some insurers have reduced it to 14 days.

After a successful claim the money will be paid to you in full and tax-free; there are no deductions. This terminates the policy and so no further claims can be made.

If you are concerned about increasing your financial protection you should definitely consider Life Insurance or even an Income Protection policy to run alongside your Critical Illness plan. An Income Protection policy pays a monthly income if you are off work due to sickness, accident or unemployment. With the Income Protection policy offered by Burgesses, our Income Protection Product Partner, payments are made for up to 12 months from the date you were off work and the premiums are very reasonable.

Frequently Asked Questions related to the above topic.
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