Is combined Life Insurance and Critical Illness Insurance a good approach?
Yes, this is the most cost effective way to arrange both
kinds of cover.
Combined policies are available and usually represent very
good value for money.
If you have a combined policy, the term and sum insured
will be the same for both your life cover and your critical illness cover.
If for any reason you want these details to be different, this can be
arranged. You will just need to phone the Help Desk at Brokers Online
on 01625 416 280.
If you opt for a combined Life Insurance and Critical Illness
policy you should be aware that if the policy pays out because of Critical
Illness, then it is finished and will not pay out again if you were to
die. If you were to want your life insurance to continue after a critical
illness claim, then you will need to take out separate critical illness
and life policies.
Other relevant questions…
Which illnesses qualify
as critical?
Life insurance quotes
What
are the benefits of Critical Illness Insurance?
Is Life Insurance for me?
What else do I need to know about Life Insurance?
How do I get a Life Insurance Quote?
How do I choose the right policy for me?
What if I need cover to be arranged quickly?
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How are premiums calculated?
What if I have to make a claim?
Do I need Mortgage Life Insurance instead?
Should I consider Critical Illness cover?
What other sorts of Insurance should I think about?
How do I make a complaint?
What do I need to know about the law and Life Insurance?
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