What is the difference between critical illness and terminal illness cover?
With critical illness the policy will pay out on diagnosis of a specified medical condition listed by the insurer. With terminal illness cover the policy will pay out if you are diagnosed as having 12 months or less to live, although some providers will not pay out if the policy has less than 18 months to run. Terminal illness is included automatically in all our policies. Critical illness cover can be combined with Level Term Life Insurance or Mortgage Protection Life Insurance and a premium will be charged for the extra cover.
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?
- Whats the difference between terminal illness cover and critical illness cover?
- What is the difference between critical illness and terminal illness cover?
