Quick guide to critical illness cover

Have you ever wondered if you can get a life insurance policy that can pay out if you were to be diagnosed with a critical illness?

If the answer is yes, then you’ve stumbled upon the right side of the internet because this is the ultimate ‘all you need to know’ quick guide to critical illness cover.

What is critical illness cover?

Critical illness cover is one of the most popular types of life insurance you can get, purely because it will cover you for a long list of critical illnesses.

With the statistics sounding scarier by the day, a critical illness insurance policy is only going to become more and more essential as the years go on.

What does critical illness insurance cover?

When you take out a critical illness insurance policy, you will be covered for a set list of illnesses, and we aren’t talking about the common cold or chicken pox- these are illnesses that could have a huge impact on yours and your loved ones life. Some of the most common illnesses covered by a critical illness policy include:


• Multiple sclerosis
• Parkinson’s disease
• Alzheimer’s
• Heart attack
• Cancer
• Loss of limbs
• Loss of sight
• Organ failure
• Stroke 

The illnesses that you’ll be covered for may vary slightly, it’s all dependent on your unique health and lifestyle disclosures and medical history.

Who needs critical illness insurance?

If we’re honest, it would be easier to list who doesn’t need this type of cover.

But on the whole, we would say, if you have anyone who is financially dependent on you then this cover could be great for you. The lump sum from this policy could be a huge help if you were to suddenly be struck down with illness.

The cash injection from this cover could help you and your loved ones with so many different things but overall it will make yours and your family’s life a whole lot easier, if you were ever diagnosed with a critical illness. At the end of the day, you can use the money from your policy however you want.

How much does critical illness insurance cost?

A critical illness cover policy doesn’t have to break the bank. The cost all depends on your personal circumstances. Here are some of the main factors that will affect the price of your cover:

• Age
• Current health
• Medical history
• How long your policy lasts
• How much cover you want
• The amount of illnesses covered by the policy
  
  

How do you make a claim on your critical illness cover?

If you were to sadly be diagnosed with a critical illness as defined within your policy conditions then you will be able to make a claim on your critical illness policy.

Although you would have to go through to your provider in the event that you had to claim, we can give you an extra helping hand along the way. At Caspian, we have a dedicated claims team who can help you navigate the claims process and make a tough time just that little bit easier.

To kick start your life insurance journey and get cracking with your free quote, you can click the button below to get started today!