FAQ Home | General Questions | Critical Illness Insurance | Life Insurance | Home and Contents
Mortgage Payment Protection | Mortgage Life Insurance | Short Term Income Protection Insurance
Mortgages | Car Insurance | Loans | Private Medical Insurance | Travel Insurance
What happens if your condition improves after making a claim on your Critical Illness policy?
Once the insurance company has paid you the money is yours to spend how you like. The policy is terminated and your insurer has no interest on how you live your life or indeed whether your condition improves or is healed.
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.
- 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.
- Should you have a “Guaranteed” or a “Reviewable” policy?
- When a policy is first started Guaranteed policies have higher premiums than Reviewable policies - but in the longer period Reviewable policies generally work out more expensive.
- 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.
- What is the difference between Critical Illness cover and Terminal Illness cover?
- Critical Illness Insurance is much more comprehensive than Terminal Illness cover. 1 in 5 men and 1 in 6 women suffer a critical illness before their usual retirement age.
It may be useful to remember that:
- 1 in 5 men and 1 in 6 women will suffer a Critical Illness before their normal retirement age.
- 78% of stroke victims survive more than a year.
Frequently Asked Questions related to the above topic.
Click below if you wish to read them: -
- What conditions are considered critical?
- How do you go about making a claim under your policy?
- Can a claim still be made if the policy is lost?
- Under what situations would a claim be refused?
- Can you include your partner ?
- Is there a maximum / minimum premium for critical illness cover
- Under a combined Life Insurance and Critical Illness policy, is the value of cover the same for both the Life and Critical illness provisions?
- Should you have a “Guaranteed” or a “Reviewable” policy?
- Will a claim for critical illness affect any State Benefits?
- Go to menu of Frequently asked Questions about Mortgage Life Insurance
- Go to menu of Frequently asked Questions about Life Insurance
- Go to menu of Frequently asked Questions about Critical Illness Insurance
- Go to menu of Frequently asked General Questions