Critical illness cover can include debilitating but not necessarily fatal conditions such as heart attack or stroke, cancer, multiple sclerosis, loss of limbs, etc., and the cover pays a lump sum on diagnosis – not for treatment of the condition, as you would expect with a health insurance policy.
As with any coverage, it is important to be sure exactly which conditions the policy covers, and which it doesn’t. A policy will be very specific as to the illnesses it will pay out for; critical illness policies can also range from basic coverage, which will include just the main critical illnesses such as cancer, to comprehensive policies that cover a more extensive range of conditions.
Full disclosure of any and all existing medical conditions and history is vital when arranging critical illness cover. Failure to disclose could result in denial of payment when an illness is diagnosed – just when that payment is needed most.Best Life Cover can help you by fully researching the market to find the best policy for you.
Best Life Policy is a trading style of Alexander Fox Ltd. Alexander Fox Ltd. is Authorised and Regulated by the Financial Services Authority No. 532161. Registered office 19-20 Bourne Court, Southend Road, Woodford Green, Essex, IG8 8HD.