Critical Illness Insurance Comparison | Compare Quotes for Critical Illness Insurance

What is critical illness insurance?
Critical illness insurance is a form of health insurance that provides a lump-sum payment should you become seriously ill. A serious illness, such as cancer or heart attack, affects one in four women and one in five men before retirement age. Critical illness insurance is designed to ease the financial pressures by paying a tax free lump sum if you become seriously ill or totally disabled.

What are the types of illnesses can be covered by critical illness insurance?
Although they differ from company to company, typical illnesses and diseases covered by critical illness insurance may include:

heart attack
stroke
cancer
multiple sclerosis
kidney failure
paralysis

Applying for Critical Illness Insurance cover
In order to obtain critical illness insurance cover you will need to complete a proposal form, dependent on your requirements you may be able to complete a proposal form for critical illness insurance online. You will be asked if members of your family have suffered major illnesses in the past. If they have, your policy may be rated, which means you will pay higher premiums or will not be covered for certain conditions. You may also need a medical before being accepted for cover, but this does not necessarily mean you will have to pay higher premiums. You pay more if you are a smoker.

Why you should consider critical illness insurance cover
Many people buy critical illness insurance when they take on a major commitment such as a mortgage or starting a family.

Compare Critical Illness Insurance
As well as mortgage advisors you can also compare critical insurance with

However you choice to purchase your critical illness insurance, it is advisable to shop around and compare critical illness insurance to ensure you get the right premium for your budget and level of cover you need.