Preparing for the worst is not something we want to think about when feeling fit and healthy, but you never know what
life is going to throw at you next. Our life insurance with critical illness cover can offer your loved ones some protection
if you die or become critically ill. Here are some frequently asked questions we've been asked about our life insurance with critical illness cover which you may find helpful before making your decision.
Critical illness cover is nothing new but it hasn't always been known as critical illness insurance as it is now. When it launched in October 1983, it was called 'dread disease insurance' and originated in South Africa. Since then critical illness has been accepted into insurance policies worldwide - under lots of different names.
Critical illness insurance will cover you for the length of your policy and you'll receive a one-off cash lump sum if you're diagnosed with one of the 64 critical illnesses we cover.
This type of insurance is designed to pay off your mortgage and any debts, to pay medical bills or for home modifications; making your home wheelchair accessible by adding ramps, for example. It helps you to ensure that your family is provided for if you can't work due to ill health.
Our Critical Illness cover will pay a claim if you're diagnosed with one of the critical illnesses we cover and you survive for 14 days or more after your diagnosis.
The cost of critical illness will depend on your individual circumstances, such as your age and whether you smoke or not. It also depends on how long you'd like your insurance to run for, and the amount of cover you choose.
You can find out how much your life and critical illness insurance will cost by completing our online application.
In 2013 we paid 88.6% of critical illness claims to help more families at a difficult time. The total amount of claims paid out was £15.8 million, with just 2.7% of claims declined for non-disclosure. We are very proud of these results. See the types of claims we paid out on.
Yes. You and your partner can apply for cover together. The policy will pay out if one of you dies or is diagnosed with a critical illness during the policy term. But joint life cover only pays out once, so once it pays out, the policy ends, and you're no longer covered.
When insurers calculate their premiums for life and critical illness insurance cover, they'll look at how long they expect customers to live based on their age, medical history and other factors that are likely to impact their life expectancy.
Please note that if you question is specific to your plan and not covered above, you may need to refer to your original plan documents or call one of our trained service advisers.
You can also phone
Call our UK-based advisers for more information or a quote:
0800 756 8515
Quoting offer code IELO
Textphone: 18001 0800 756 8515
9am - 8pm Monday to Thursday
9am - 5pm on Friday
We may record and / or monitor calls for training and audit purposes.
We offer advice on LV= products only