Critical Illness Cover
Summary of Cover
- A Critical Illness policy is an insurance policy, which pays out a lump sum upon diagnosis of a serious illness.
- The term and sum to be insured are decided at the outset.
- If a critical illness is diagnosed during the specified term then the sum insured is paid out.
- If you have not suffered any serious illness at the end of the term then the plan ceases and nothing is paid out.
- The plan can be set up on a single or joint life basis and can be added to either Level Term or Mortgage Protection Assurance.

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