Critical Illness cover can be built in to life insurance and term assurance policies or it can be taken out on its own. This cover will then give you a payout on the first event.
Examples of the types of conditions most insurance companies payout for are below
Cancer
Dementia and CJD
Heart Attack
Parkinson's Disease
Multiple Sclerosis
Loss of Hearing
Stroke
Motor Neurone Disease
Kidney Failure
Loss of Speech
Heart Surgery
Alzheimers Disease
Major Organ Transplant
Loss of Site
Benign Brain Tumor
Loss of Independent Existance
Paralysis
Aids / HIV
Severance of Limbs
Coma
Severe Burns
Note that not all insurance companies payout on the above illnesses but the majority do.
If you require a more company specific example of the conditions covered, please feel free to request a Key Features document for the company you are interested in. This document will detail all the benefits and conditions of the policy.
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