Overview

Critical illness or ‘Dread disease’ cover plans are growing in popularity as medical science and technology today can save lives far more readily than thirty years ago, when cancers and strokes were virtual death sentences.

Traditional life insurance pays out on death, not if you survive but are physically or mentally impaired. PHI and disability insurance pay out only if you are unable to work as a result of your illness or disability.

Section Guide:

• How It Works: This section will tell you everything you need to know when it comes to thinking about taking out critical illness insurance.
  
• Illnesses Covered: Critical Illness Insurance does cover the majority of illnesses, but always check first, and this section will offer a useful guide as to what is covered.
  
• Are They Common?: Although we hope you may never suffer such an illness, instances do occur, and you can find out exactly how common they are in this section.
  
• Costs Of Cover: A quick guide to cover the basics when it comes to the costs of this insurance.
  
• Benefits: There are many benefits that come with having Critical Illness Insurance, and this brief explanation pinpoint exactly what they are.

Friday, November 21, 2008