Critical Illness Cover Product Guide

Choosing the perfect Critical Illness Cover is not easy. Get help from experts who spend the time getting you the best policy for your needs.

Critical Illness Cover Explained

Critical illness cover pays a lump sum if you are diagnosed with one of the illnesses outlined in the policy you take out–unlike Income protection insurance, which pays out in monthly installments. 

When searching for your policy, you need to make sure that you are familiar with what it covers. 

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How does it work?

Often bought as part of a life insurance policy, Critical Illness Cover will give you a tax-free lump sum to cover income loss, outstanding mortgage payments, and the cost of medical treatments and any home modifications needed. 

It comes with a waiting period of around 90 days, where you won’t be able to make any other claims. This rule will help to ensure that all claims are legitimate. 

Illnesses such as heart attacks, non-terminal cancers, strokes, organ transplants, and head injuries are covered by critical illness cover. Diagnosed illnesses with a prognosis of 12 months and under are not typically covered by this type of cover.

How much will it cost?

This varies depending on various factors including previous health conditions, the amount paid out in a claim, and family health history. 

On average, people who claim on critical illness cover receive around £67,000 in compensation to cover expenses as a result of life-changing illnesses.

Questions?

Get started with comparing the best critical illness cover quotes now. We’ll help you choose the perfect quote from Legal & General, LV, Zurich, Aviva, and many others in a few clicks.