Critical Illness Protection

 

Critical Illness Protection can be combined with Level Term Assurance or Mortgage Life Insurance to provide additional cover.  

Critical illness Protection coverage and definitions differ from provider to provider. It's important to realise that not all insurance companies offer identical protection and we recommend you engage one of our independent financial advisers to discuss your requirements.

On average, critical illness protection insurance, provides against the financial impact of 30 different types of critical illness.   Critical illness Protection claims pay a lump sum (sum assured) if you are diagnosed with an illness that meets your chosen providers criteria and definitions during the term of your plan.   Critical illness Protection is generally available in 2 forms, they are as follows:

Independent Protection: The amount of critical illness protection can be more or less than the amount of life insurance sum assured.  In the event of a claim under the critical illness protection, life cover is not affected and the plan will continue to run.

Integrated Protection: The amount of critical illness protection is the same as the life insurance sum assured. In the event of a claim under the critical illness protection the plan ends.

A definite diagnosis of Alzheimer’s disease, resulting in permanent symptoms, before a certain age, by a Consultant Neurologist, Psychiatrist or Geriatrician. There must be permanent clinical loss of the ability to do all of the following:

- remember;
- reason; and
- perceive, understand, express and give effect to ideas.

For the above definition, the following are not covered:

- Other types of dementia
A non-malignant tumour or cyst in the brain, cranial nerves or meninges within the skull, resulting in permanent neurological deficit with persisting clinical symptoms.

For the above definition, the following are not covered:

- Tumours in the pituitary gland
- Angiomas
Any malignant tumour positively diagnosed with histological confirmation and characterised by the uncontrolled growth of malignant cells and invasion of tissue.

The term malignant tumour includes leukaemia, lymphoma and sarcoma.

For the above definition to apply, there are a number of other restrictions; further details and full definitions can be obtained by calling 0845 1280152.
The undergoing of surgery requiring median sternotomy (surgery to divide the breastbone) on the advice of a Consultant Cardiologist to correct narrowing or blockage of one or more coronary arteries with by-pass grafts.
Death of heart muscle, due to inadequate blood supply, that has resulted in all of the following evidence of acute myocardial infarction:

- Typical clinical symptoms (for example, characteristic chest pain).
- New characteristic electrocardiographic changes.
- The characteristic rise of cardiac enzymes or Troponins to certain levels.

The evidence must show a definite acute myocardial infarction.

For the above definitions to apply there are other factors - full details are availble on 0845 1280152.
Chronic and end stage failure of both kidneys to function, as a result of which regular dialysis is necessary.
The undergoing as a recipient of a transplant of bone marrow or of a complete heart, kidney, liver, lung, or pancreas, or inclusion on an official UK waiting list for such a procedure. For the above definition, the following is not covered:

- Transplant of any other organs, parts of organs, tissues or cells.
A definite diagnosis of Multiple Sclerosis by a Consultant Neurologist. There must be current clinical impairment of motor or sensory function, which must have persisted for a continuous period of at least 6 months.
Death of brain tissue due to inadequate blood supply or haemorrhage within the skull resulting in permanent neurological deficit with persisting clinical symptoms.

For the above definition, the following are not covered:

- Transient ischaemic attack
- Traumatic injury to brain tissue or blood vessels
Death of brain tissue due to traumatic injury resulting in permanent neurological deficit with persisting clinical symptoms.

 


Types of Critical Illness

Below you will find listed 10 of the most commonly protected critical illnesses.

 However, it should be noted that not all providers use the same definitions as they appear when you roll over them, and you are advised to consult one of our advisers.

»»»   Alzheimer's Disease

»»»   Benign Brain Tumour

»»»   Cancer

»»»   Coronary Artery By-Pass Surgery

»»»   Heart Attack

»»»   Kidney Failure

»»»   Major Organ Transplant

»»»   Multiple Sclerosis

»»»   Stroke

»»»   Traumatic Head Injury

Don't settle for second best - 0845 1280152