Many insurance companies are interested in detail what an applicant does for their job and as a living. The insurer may ask many questions regarding this. Some of the things that they may ask could be things like does your occupation involve working at heights, under water, under ground, offshore, with explosives and many more [...]
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Critical Illness Insurance And Occupations
Wednesday, November 17th, 2010Critical Illness Insurance And Minor Ailments
Wednesday, November 17th, 2010When taking out a form of life or critical illness insurance you will need to understand that minor ailments are not covered. An insurance company may class a minor ailment differently to you. This may be something big to you but to an insurance company they are non life threatening incidents which are very common. [...]
You Can Take Critical Illness Insurance For Your Mortgage
Thursday, September 2nd, 2010You can take a critical illness insurance plan to protect your mortgage if you wish to do so. Some of us have an interest only mortgage that needs to be protected with a level based plan. This would mean that the amount you have on your mortgage remains level over the term you have specified and does not reduce. You will have [...]
Are my children covered on my critical illness plan ?
Tuesday, December 9th, 2008The answer is yes, on the majority of critical illness plans offered childrens cover is offered. A cash lump is normally offered and this can be equal to 50% of the full sum assured, upto a maximum of £25,000 in normal circumstances. Many of these plans include children that are legally adopted or step children. [...]
How will I know if the Life Insurance Policy is the right one for me?
Thursday, November 20th, 2008Whether a life insurance policy is the right one for you, i.e. is suitable, is dependent on a number of factors. The term suitability basically means that a certain product, in this case the life insurance, is appropriate for a certain individual. So a life insurance policy that is right for you may not be [...]
My policy says i must have an insurable interest on my life insurance plan what is it ?
Friday, November 14th, 2008Insuranble interest is a very interesting area. It is defined as someone who is buying the policy wether it be life insurance or critical illness insurance has more to lose than to gain by insuring there death. The insurable interest part of the insurance regulations has been implemented to prevent an individual purchasing a policy [...]
I have got a mortgage do I need life insurance ?
Monday, November 10th, 2008Yes, life insurance is a form of protection insurance and these as there name suggests they are there to protect you against the worse happening. After all should you die your liaiblities ie your mortgage or loans will be passed as a liability to your next of kin. If you are married then your mortgage [...]
I am thinking about applying for critical illness insurance what is the process ?
Monday, November 10th, 2008Crticial illness insurance is something that has changed with the advent of the internet. Previously prior to the internet you would visit your local financial advisor or your local bank and see what they had on offer. They were often tied to one particular company and you had little or no choice over the policy [...]
Do I really need Life Insurance ?
Friday, November 7th, 2008Life insurance is one of those things that many of us don’t have but really should have some cover. With it not being a legal requirement such as car insurance or as highly claimed on as contents insurance many of us do not bother with it. Life insurance is relatively inexpensive and it can make [...]
Critical Illness Insurance
Thursday, November 6th, 2008Well you are thinking about critical illness insurance, there are so many things to think about and to understand and this is on top of deciding what contract to go for and with which provider. Well first things first do your research ! Gather as much information as you can about critical illness insurance first, read [...]
