This type of insurance is designed to cover you if you are diagnosed with one of the specific listed medical conditions or injuries. There will be specific list of conditions and not all conditions will be covered, the policy may also indicate the severity of the condition before a claim can be made.
All policies will have terms and conditions, none more so than this form of insurance. However, rather than you comparing the range of insurance policies on the market. We can do that for you and explain exactly what is and isn’t covered for you. We will find out exactly what you are looking to cover and highlight the benefits of each policy for you.
Most people will confuse critical illness cover with life insurance, mostly the two are sold together. According to the ABI in 2015, almost 1 million workers in the UK unexpectedly found themselves unable to work because of injury or illness.
Some examples of critical illnesses that may be covered:
- heart attack
- certain types and stages of cancer
- conditions such as multiple sclerosis.
Multiple policies will also have a level of disability cover as a result of illness or injury.
This level of cover is a one time claim only. Meaning that in the event of you making a claim, the policy will expire.
What isn’t covered with Critical Illness Cover?
As mentioned above, not all serious illnesses may be covered due to the insurers not willing to take on the risk. Similar to Life Insurance, you are not likely to be covered for any health problems you have before taking the cover out. Unless you take this level of cover out alongside life cover, it will not pay out should you die.
Why choose MAIN for Critical Illness cover?
As your local broker, we have access to a number of UK’s most trusted insurers and therefore have the capability of comparing a number of providers at one time. We also have access to exclusive rates and terms & conditions.
We are here to answer any questions or queries you may have about the policy, you may also want to cover against a specific illness, we can help. Simply give us a call or book an appointment today.