Critical Illness Cover is insurance that pays out if you are diagnosed with an
illness specified within the policy. It is designed to help you adapt if your life is changed by an illness.
The illnesses covered by each policy will differ, so it is important to read the full details of the plan
you are considering. The following illnesses are typical:
- Blindness – permanent and irreversible
- Cancer – excluding less advanced cases
- Coma – resulting in permanent symptoms
- Deafness – permanent and irreversible
- Heart Attack – of specified severity
- Kidney Failure – requiring dialysis
- Stroke – resulting in permanent symptoms
Insurers may also exclude some illnesses because you already have them, or are likely to get them because of
your health or lifestyle. The premiums are often reviewable, meaning they may change during the term of the
policy; although, some providers offer fixed premiums that are guaranteed not to change.
Critical illness cover (CIC) can be taken out as a policy on its own or included
in life assurance policies such as mortgage life cover, term assurance or family income benefit.
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Protecting You, your Family and your Home
