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.

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

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.
What other benefits can be added to a Critical Illness policy?
Life cover is a must. Then consider Waiver of Premium and Indexation.
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.
What level of critical illness cover could your children get?
Insurance companies normally impose a maximum limit on any claim under the policy’s provisions for children. Sometimes the limit will be lower of a percentage of your own sum assured (e.g. 25% or 50%) or a set amount (typically £15,000 or £20,000).
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.
This enables the insurance company to gauge the degree of risk you represent. If they are satisfied they will accept you at the price originally quoted.

If for any reason they feel you represent an ‘above average’ risk, the insurer may offer one of these alternatives:

  • they may offer to insure you but at a higher premium. (This is called a “Rated Premium”.)
  • sometimes they may offer you the alternative of covering yourself for a lower sum insured

The point is that in all these situations like these, an Underwriter at the insurance company will personally examine your Application and all Applications are considered on their own merits.

 

Frequently Asked Questions related to the above topic.
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