What critical illnesses are covered? Answers and online quotes ... Page 1

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INSURANCE TIPS

Comparison of Tesco Finance life cover products
posted: 1 Sep, 2009
Tesco Finance has a large portfolio of life insurance products. There are usual fixed term, mortgage and critical illness life cover plans. All plans have in common that they start from only Â£5 premium per month, except the Over 50's life assurance plan, which starts from Â£10 per month.

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Women take less life cover than men
posted: 12 Oct 2009
Research had shown that in spite of the vast improvement in the equality of the employment opportunities and life expectancy, women still stay less likely to be adequately insured than men. The research as recent as from 2005 had shown that number of women who bought the life insurance had doubled since 1999, but still women are more likely to be under insured than man.

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AXA rebranding Sun Life Direct
posted: 17 April, 2009
At a begining of 2009 AXA, an French based multinational insurance company, decided to relaunch its subsidary as Sun Life Direct.

The AXA's own logo will only continue to appear inth ecorner of within larger Sun Life Direct logs. The rebrand will position the subsidary, best known for its life insurance products for over 50 year olds.

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CRITICAL ILLNESS LIFE COVER COMPARISON ...

Critical Illnes life cover plans compared Have you taken care of the worst case scenario?

posted 14 Aug 2009 critical illness insurance

How are Critical & Terminal Illness defined?

Critical Illness life insurance policy pays out a lump cash sum to the beneficiary on diagnosis of a critical or terminal disease. The diagnosed disease must be permanent and incurable in nature for the policy to be effected.

If according to the terms of your policy assured payment of the cash sum differs for the critical illness life cover and the death cover, than there is required period of 28 days (14 days in some other life insurance policies) survival period, which needs to pass before lump cash sum will be paid.

Critical illness cover is not usually sold as a stand alone cover, but it is packaged with general life cover that will pay the assured sum to the beneficiaries in case of your death. Here some life insurance policies differ, since they can both be linked to either fixed term or decreasing mortgage protection cover.

If you are a single person, without any beneficiaries to whom you might want to transfer the benefit, than a life cover would not make much sense and it might make more sense to go only for the critical illness life assurance. On the contrary, if you have some dependents like a partner or kids, that you would like to take care of in the case of your death, than the life insurance policy which combines critical illness with life cover might be the right answer.

It must be said, that in the case of joint cover, a typical life insurance cover doesn't pay twice, but only once, on the first death of the either joint partner.

One special case is Terminal illness. If you rise or your beneficiaries rise a claim for a terminal disease, than insurer will ask you to provide a medical certificate. You will be responsible for bearing the costs of this certificate, but insurer will pay those costs back to you in the case they accept your claim.