What decisions will you have to make before you can get a quotation?

You will have to make four decisions:

  • How long you want the policy to be in force (that’s known as the policy’s “term”)
  • How much money you want to insure for (that’s known as the policy’s cover)
  • Whether you want to insure simply yourself or include your partner - i.e. whether you want a Single or Joint policy
  • Whether you want a Guaranteed or Reviewable policy.

STEP 1 of 2
Type of cover
Life Insurance       Mortgage Life Insurance
 
Cover Level (£)

Number of years
Do you want:  
Critical illness cover
Family income benefit
 

Hot Topics

Why do you need to consider a new Critical Illness policy if you already have one?
Because older policies were often limited in the illnesses they covered; your own circumstances may have changed; you may now need to increase the sum insured.
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.
What level of critical illness cover could your children get?
Insurance companies normally impose a maximum limit on any claim under the policy’s provisions for children. Sometimes the limit will be lower of a percentage of your own sum assured (e.g. 25% or 50%) or a set amount (typically £15,000 or £20,000).
What information do you need to provide to apply for a Critical Illness policy?
The Application form will ask questions regarding your height, weight, age, sex, current state of health, occupation, hobbies etc.
Will a claim for critical illness affect any State Benefits?
No, it should not affect your claim for State Benefits.
Here’s a Tip

You may find that you can get quote for a Life Insurance policy with Critical Illness cover cheaper than just Critical Illness policy alone! That would give you far more protection and cheaper too!

Frequently Asked Questions related to the above topic.
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