A breakdown of the processes involved when applying for critical illness cover

For many, the process of obtaining a critical illness insurance policy can be very confusing and often bewildering when understanding the processes involved. Here at Critical Illness Insurance, we utilise our expertise, professional knowledge and vast resources to offer a stress free and assured service to customers searching for the right policy cover to suit their budgets and requirements. This type of cover is still in its infancy in the UK, being relatively new in the realms of insurance policies taken out in Britain and therefore here at Critical Illness Insurance, we aim to educate those looking for a beneficial insurance policy that offers a cash lump sum if you develop one of many registered critical illnesses that may prevent you from working or leading a normal life.

The basics of any insurance company, to make a profit whilst offering as good level of cover and protection, means that although eager to provide the protection you need and require, they will always aim to be as profitable as possible, thus enabling them to secure their long term operation and distribution of further policies. At Critical Illness Insurance we operate to offer you fully regulated advice and a policy that offers a range of benefits, dedicating our efforts to keeping your premiums as affordable as possible.

When applying for critical illness cover with us we work with you to provide a service that is as straight forward as we can make it, requesting a full and complete medical history. If you are worried about finding all the necessary information, a trip to your GP to view your medical records will present you with all the information you need. Knowing this we can calculate your policy on the basis that you are at high, medium or low risk in the event that you need to make a claim at any point in the future. If you are at low risk you pay less for your policy premium than someone who is at a higher risk of developing a critical illness such as a heart attack or stroke.

Remember that if you try to bend the truth about your current or past health to gain lower premiums, your policy claim will be rejected. Not just this but misrepresenting yourself in any way will have a detrimental effect on any future claims as well. So, not to put too fine a point on the importance of being honest, it really is the best policy.

Confident that you have presented a fair, genuine and accurate medical statement, a decision is made whether you have been denied or approved. In some cases if the information you provide needs expanding on you may be asked for additional pieces of information to assist them in accepting your application. With Critical Illness Insurance, we provide you with assistance throughout the entire process of setting up your policy.

Considering that all the details you provide us are correct and provide us with a sufficient analysis on grounds to approve your application and accept you as a policy holder; and then we prepare your policy documentation. Successfully activating your Critical Illness Insurance protection, we can then begin taking your monthly or annual payments until you wish to make a claim or you no longer need our services.