Critical Illness Insurance

What is Critical Illness Insurance?

Critical Illness Insurance can be defined as: "similar in many ways to Life Assurance cover but rather than paying out on the death of the policy holder will pay in the event of the diagnosis of a critical illness such as cancer, heart attack or stroke" or "Insurance coverage providing a lump sum payment upon first diagnosis of a covered critical illness. Typical examples of Covered Critical Illnesses are: Cancer, Heart Attack, Stroke, End Stage Renal Disease, Major Organ Transplant Surgery, Quadriplegia, Coronary Artery Bypass Surgery, Multiple Sclerosis, Parkinsons Disease"

Many insurance companies often charge extortionate rates to clients with pre existing medical conditions. In certain circumstances they may even decline to offer Critical Illness Insurance cover at all.

What insurances do medical conditions affect?

Insurance companies may increase the cost of:-

Life Insurance
Travel Insurance
Critical Illness Insurance
Car Insurance
Income Protection Insurance
Private Medical Insurance

How do I find competitive cover for Critical Illness Insurance?

The best way of finding Critical Illness Insurance cover is by approaching a Specialist Independent Broker.
The key is making sure that the firm you approach meets the following criteria:-

1. They specialise in helping clients with medical conditions.
2. They are able to offer policies from all insurance companies
    (not just from a small panel of insurers)
3. They are registered with the Financial Services Authority.

Are there any specialists in this area?

One such company is The Insurance Surgery who have been operating in this market for the past 5 years and will provide you with a free evaluation based on your personal requirements. Simply click below for more details.

Critical Illness Insurance from The Insurance Surgery