Critical Illness Insurance: Critically Important – Time To Take Cover

Expert Author: Michael Challiner | Summary

Back in 1999, the Imperial Cancer Research Fund stated that one in every three people in Britain will be diagnosed with cancer at some point in their life. With rapid medical advances the chances of survival from a major illness are improving but the consequences of suffering such an illness continue to be substantial and life-changing.

Group Critical Illness Insurance - The Cheaper Alternative To Keyman Insurance

Expert Author: Michael Challiner | Summary

If you manage a small business you'll dread the possibility of a member of your team being be taken seriously ill or dieing. Apart from the personal upset, your business would be hit hard. Sales or production could take a dive, key skills could be lost and the general pace of the business could fall. All this costs the business money.

Critical Illness Insurance The Non-Disclosure Problem

Expert Author: Michael Challiner | Summary

If you're in the unfortunate position of having to make a claim on your critical illness insurance policy, the last thing you want is insensitive hassle or apparent non co-operation from your insurer. But according to numerous newspaper articles, that's precisely what's happening. The core problem is that before they'll pay out, the insurer will always want to make exhaustive enquiries about your past health record.

Critical Illness Insurance – The Press Are Giving Insurers A Hard Time

Expert Author: Michael Challiner | Summary

Recent stories in the press have again lambasted the insurers over critical illness insurance. The core problem is that a critical illness claim is not as straightforward as, for example, a claim under life insurance. With life insurance it's going to be hard for the insurance company to argue that you're not dead!

Big Changes On The Horizon For Critical Illness Insurance

Expert Author: Michael Challiner | Summary

In recent years sales of critical illness insurance have flagged. The primary cause is the huge 70% increase in premiums experienced during recent years. For many, critical illness insurance has simply priced itself out of the market.

Critical Illness Insurance -- Do You Really Need It, Or Is It A Waste Of Time?

Expert Author: Micheal Challiner | Summary

There is a 1 in 5 chance that a man will suffer a long-term critical illness before his normal retirement age. So why isn’t critical illness insurance more popular? This article investigates the reasons and reinforces the importance of this form of insurance.