• Why Critical Illness Cover?
• Why Us?
• FAQ

• 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

• 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

Getting Critical Illness Cover on the Cheap

Who doesn’t want to save on premiums?

Knowing the ins and outs of critical illness cover can help you save premiums by not paying premiums unnecessarily, by buying cover or riders you don’t need. With wise choices, you can cut down on and save on premiums or get a more comprehensive cover for the same level of premiums.

Here are a few simple tips to help you get more bang for your buck:

• Shop around.

  Ask for critical illness cover quotes for the providers you are considering. You can compare the different benefits they are providing vis a vis the premiums they are charging. It is important to look into the list of illnesses and how these are defined. Also, take a look at the exclusions listed in the policy.

• Getting your critical illness insurance policy through work.

  Check with your HR department if the group plans they provide include critical illness cover. Although the coverage offered may not be as high as you want or need, a group critical illness insurance plan can be a good start. If you’re lucky, your employer may be already willing to shell out a portion of the premiums as part of their employee benefits offering. However, there may be instance where you will have to pay the full portion of the premiums. But since the cover is sold on a group basis, the premiums will be cheaper as compared to policies that are sold on an individual basis.

• Get the critical illness cover with your life insurance policy.

  You can save up if you get your critical illness cover as a rider to your life insurance policy. Or, you can get a combined life and critical illness policy.

• Consider variations on your level of insurance coverage.

  Depending on your needs, you can think about getting an increasing or decreasing critical illness cover.

  • Increasing critical illness cover allows you to have coverage for a lower premium fee initially. And, as you become more financially stable, the level of cover increases, along with the premiums.

  • Decreasing critical illness cover mainly answers the need to ensure that your mortgage can be paid up in the event you get critically ill. As you pay off the mortgage, the cover also decreases. This is also applicable if you want a higher cover now but feel that your need for the cover decreases as your savings increase and financial obligations decrease (i.e. the household expenses are decreasing as children finish their education and leave the house).

• Fill in the gaps.

  What you can do is to also look at your current level of coverage, particularly with your health care insurance and disability insurance. Are some of the critical illnesses covered? What are the benefits being provided and excluded? This can help you determine the level of coverage you need for critical illness. You can compute for the possible expenses that are not covered by your health insurance and disability insurance cover. For instance, you can think about other expenses such as therapy, in-home nursing care, the need to install medical and adaptive equipment, as well as replacement services (for childcare or elderly care).

What can increase your premiums?

As it is important to know how to decrease your premiums, it will also be helpful to know what choices may affect your critical illness premiums.

• Amount of cover. How much cover do you really need? Check how your health insurance, disability insurance and other employee benefits can help contribute to what you will need should you be diagnosed with a critical illness.
• Additional riders and options. There are a number of riders that you can tack on to your policy for a more comprehensive survey. For instance, you can add:
  • Waiver of Premiums. This waives premiums in the event that you can no longer pay them when you become incapacitated and can no longer earn an income.
  • Replacement option. This allows you to get a life insurance cover when you have made a critical illness claim. This only applies for Combined Life & Critical illness cover.
  • Guaranteed Increase Options. This allows an increase in cover for certain life events without the need for providing further medical evidence. Of course, the premiums will also increase.
• Policy reinstatement. To save on premiums, be sure that you only get what you can afford to pay. If your policy lapses due to non-payment, you have the option to get it reinstated. However, when you ask the provider to restart the policy, they have the option to increase the premiums based on the medical evidence that they request from you.

To protect yourself and your family, save up to 35%, please fill the critical illness cover + life insurance form on the right now.

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