Why cover?
  • affects 1 in 4 women / 1 in 5 men before retirement
  • 94.1% of the critical illness claims are paid
  • protect yourself and your family if you get seriously ill
Why us?
  • get the cover that will pay when you need it
  • save up to 35%, cover from £5 a month
  • free, fast and without obligation quotes
Insurers: Aviva, Legal & General, Liverpool Victoria, Scottish Widows, Vitality, Zurich

What You Can Do After Making a Claim

In a nutshell, if you make a successful critical illness claim and receive the proceeds, you can really do whatever you want!

With the proceeds from the critical illness insurance claim, you can get on with the treatment of your critical illness, you can go to that vacation you have long dreamed about, you can spend the money to install adaptive equipment in your home; you can use the money to pay for daily needs and regular homecare.

You see, what happens after the insurance company pays your claim is all up to you. The critical illness insurance policy will be terminated once the insurance company makes a full payment for one covered claim. This means that you can’t claim for another critical illness.

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Partial Payments

There may be some types of critical illness insurance policies that will make partial payments if the illness is still treatable. These are called scaled critical illness insurance policies. Usually, you can still make another claim. It will just deduct the amount that has already been partially paid.

Critical Illness ≠ Income Protection insurance

If you can’t work because of your illness but that illness is not covered by the policy, you may not be able to make a claim under a critical illness cover. If losing your income due to illness is a concern, then you should look into income protection insurance, which is different from critical illness cover.

Income protection insurance will provide you with a portion of your income in the event that you are unable to work due to a covered illness.

Know more about their differences and pros and cons by reading Critical Illness vs. Income Protection Insurance.

Working or Recovering after Making a Claim

Whether you work or not after a claim is really not a concern of the insurance company. With the money you receive from the critical illness cover, you can work towards getting the best treatment so that you can recover from your serious illness. If you do decide to go back to work, that is your option.

Can you still get coverage after your claim?

Once you make a claim for the main benefit and this is paid out, the policy ceases its coverage and no future payments are forthcoming. If you still want to get cover after you claim, your current health condition will determine whether you are still eligible for life or critical illness cover.

Here are some ways to get coverage after your claim:

  • Reinstatement Option. Some providers allow you to still get a limited cover, which will exclude the illness you claimed for, as well as a number of other bad illnesses. Maximum age limits will also apply. The new reinstated policy should be applied for within a certain time period. The available amount of cover will be lower than or equal to the amount of cover of the original policy.
  • Replacement Option. For a combined life and critical illness policy, you can still get a new life policy. This is through the replacement option, also called the buyback life cover option. The new life cover will have a cover amount equal to or lower than the coverage amount of the original policy.

Can my spouse get separate cover?

Yes, the person who did not make the claim under the joint life cover can get a new policy through the Replacement Cover Option. This is issued without the spouse needing to show further medical evidence. As with the reinstatement option, the cover limits and age limits will be applied for the policy.

Last updated on: 18.1.2013

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