This policy is designed to pay out a lump should you obtain any illness or conditions specified within the policy but it does cover the following
All subject to policy agreements.
General government benefits may not be enough to protect you and your family should the worst happen. Depending on whether you even qualify for government benefits depends on your own circumstances, for example, how much money you have in saving or if your still working, also if you have any children in the household, therefore, having critical illness life insurance can provide peace of mind.
Here are some of the main factors to that will dictate how much your monthly premiums are;
- Age, unfortunately the older you are the more susceptible and vulnerable you are to an illness.
- The amount of cover you require will determine how much you pay
- Whether or not you currently smoke or have previously smoked
- Your occupation will be considered as some jobs carry more risks than others, for example a builder would pay more as they are more likely to injure themselves whilst at work than an accountant.