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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.
Can You Include Your Partner On Your Critical Illness Policy?: Yes, as with Life insurance, Critical Illness policies can insure one or two lives.
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.
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.
Can you extend or increase your Critical Illness cover at a later date?: If you have a policy with a renewable option then yes, you can increase, or sometimes extend, your cover. If you do not have a renewable option then you cannot change your cover. These days only a few insurance companies offer policies with a renewable option.

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.

Critical Illness is far more common than many of us think. The average age for a critical illness claimant is 47 (Source: Munich Reinsurance Co 2000).

You may think that “it won’t happen to me” and we genuinely hope that it won’t, but please consider the following facts: -

35% of men and 46% of women who have cancer survive at least 5 years
78% of stroke sufferers survive more than a year.
1 in 5 men and 1 in 6 women suffer a critical illness before their usual retirement age.
In 1999: in the UK 40,989 women were diagnosed with breast cancer, which is 136 for every 100,000 women
23,456 men were detected with lung cancer in the UK. This represents 83 cases per 100,000 men. 1,990 men were newly diagnosed with testicular cancer. This is a rate of 7 cases per 100,000 men.
In 2000: there were 112,066 of all types of cancer diagnosed for women and 111,543 for men. At total of 223,609 new cases of cancer diagnosed.
(Source: Cancer Research UK)

Are these risks you would want to ignore?

Of course, it may not happen to you, but isn’t it better to know that you have the financial resources in place just in case? Critical Illness Insurance can provide that peace of mind.

Critical illness insurance pays you a tax-free sum of money if you are diagnosed as having a serious, chronic or terminal illness which is listed on the policy, or if you require a specific type of operation which is listed on the policy or if you suffer from any condition or have an accident that totally and permanently prevents you from working.

Frequently Asked Questions related to the above topic.
Click below if you wish to read them: -

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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.

Are these risks you would want to ignore?

Frequently Asked Questions related to the above topic. Click below if you wish to read them: -

Frequently Asked Questions related to the above topic.
Click below if you wish to read them: -