Determining the Length of Your Coverage

Of course, you would want to have a high level of coverage for your critical illness policy (as well as other insurance policies). And you would want the coverage to last for as long as possible. But the reality is, sometimes, you just can’t afford the premiums.

Now, if you are getting the critical illness cover as part of your protection strategy to cover your mortgage or any other long term debt, then the least number of years should be as long as the number of years you need for you to fully pay your mortgage or debt.

The issue with a coverage that only lasts for two to five years is that you may want to renew your policy. Since you are older by that time, the premiums will also increase. Your health situation may also change and this will impact your premiums further. Also, when you reach a certain number of years, you may no longer be insurance or may not be eligible since you have surpassed the age bracket.

Do try to find a critical illness policy that has a high length of coverage. That way, you don’t have to renew the policy periodically. There are policies that will last up to the age 65 or 70.

Cover Details
Type of Insurance
Type of cover
Over what period?
Amount of cover
Type of premium
Personal Details
Title
First Name
Last Name
Date of birth
Do you smoke?	No Yes
Email address
Home phone
Work phone
Mobile Phone
Is this a joint application?	No Yes
App. 2: Title
App. 2: First Name
App. 2: Last Name
App. 2: Date of birth
App. 2: Do you smoke?	No Yes
House Number
House/Flat name
Street
Area
Town
County
Postcode