Critical Illness Cover - Information
Our Critical Illness Cover is a plan which aims to pay out a lump sum if the Life Assured is diagnosed as suffering from one of the critical illnesses we cover during the term of their plan and is eligible to claim. The plan will also pay out a lump sum if the Life Assured dies during the term of the plan*. If either of these happen, the lump sum can be used to help pay off their mortgage or to help provide for their family financially.
Critical Illness Cover automatically includes cover for the Insured's children (and any future children they may have) during the term of the plan. Children are covered from when they are 26 weeks old up to their 18th birthday (subject to conditions).
The following benefits and options are available, however, they must be chosen at the start of the plan and there may be an additional cost.
Benefits automatically included
- Single or joint life cover
- Guaranteed Insurability Option
- Accidental Death Benefit
- Total and Permanent Disability
- Free Life cover – mortgage protection only
Options
- Waiver of premium
If the plan is taken out for mortgage protection then SmoothMove, provided by Inter Partner Assistance (a 24 hour moving day rescue service) will also be included. This also provides cover for up to three months after the moving date for domestic emergency repair and legal advice.
The above benefits and options are subject to terms and conditions, which can be found in the policy document or the Protection Plans or Mortgage Related Plans technical guides, both of which are available upon request.
*The plan will only pay out once.
