| WHAT IS IT? |
A Lump Sum
Serious Illness cover provides a lump sum payment on the diagnosis and certification of a prescribed
serious illness as defined in the policy. The lump sum is only payable if the life assured survives
for 14 days after the serious illness evetn date.
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List of Illnesses Covered
The list of illnesses covered varies from company to company, but usually includes:
Stroke and heart attack
Some types of cancer
Coronary artery disease
Multiple sclerosis
Kidney failure
Motor neurone disease
Blindness
A benign brain tumour
Severe burns
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| WHO NEEDS IT? |
Premiums
Premiums are generally more expensive compared to conventional life cover.
Comparing policies from different companies is difficult because terms and conditions can vary widely.
Medical evidence will be required and possibly a medical examination for those in poor health or those requiring significant levels of cover.
Your age, gender, health and family history also affect how much you pay for your serious illness insurance.
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