Does Critical Illness Insurance pay in addition to other insurance, such as income protection?
Yes, Critical Illness benefits are paid in addition to other benefits; it is not intended to replace them. Income Protection insurance plans typically pay you a % of your salary, for the period of time that you are unable to perform your work. Critical Illness insurance gives you options not available with Income Protection Insurance.
Related Questions
- As my policy includes life and critical illness cover, does that mean it could pay out twice, once of I get a critical illness and then again if I die?
- What is the difference between Disability Income Protection and Critical Illness Insurance?
- Is there a minimum annual income requirement under Critical Illness insurance ?
