 |
Terminal Illness Cover by | Today
is |
Terminal
Illness Cover |
| Whereas the critical illness cover pays a monthly sum during the time of the critical illness until the end of the agreed term, Terminal Illness pays a guaranteed sum when you are diagnosed with a terminal illness or having a life expectancy due to illness of 12 or less month. Critical and terminal illness can be combined and are often offered as such. Some contracts do offer a permanent disability as part of CI and TI. Thus payments will be made when due to critical illness you are left with a permanent disability. |
| Any insurer may stop paying when the claim results
from a criminal act, failure to follow medical advice, HIV/AIDS (except named
groups), self inflicted injury, war and civil commotion. The benefit presently is not taxable. The insurance is offered as level benefit, where premiums and claims amount stay the same during the insured period. Alternatively this can be Index-linked. This will be tied to the \Retail Price Index and will be adjusted on a yearly base. |
| Cannon Healthcare, one of the few fully independent health
insurance advisors and brokers in the UK, will profile a modular cover for you
and do insist on giving full advice as well as explaining the potential pitfalls
of all of the above types of information or any combination thereof. You are welcome to either use our on-line request questionnaire (covered by a full privacy statement) or you can print and fax this questionnaire free to 0800 652 8451. Alternatively speak directly with Mr. David Cannon BSC or one of his fully trained staff ( Free 0800 652 8450). There you will receive no sales talk, just clear and conscious information to put you in a position to decide the best suited cover for your personal circumstances. |
| It is important to understand that each of these
types covers a specific risk and you may therefore need to think about insuring
the actual premiums. Why ? You make a claim on the Income Protection Cover and you have CI and LI insurance. The premiums for these will have to be paid to keep their respective risk cover. It is important to know that missing a premium payment will waive (eliminate) the respective cover. |
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|