Critical-Illness-Insurance-UK.org.uk explains how to safeguard your policies
March 31, 2006 (Press Release) --
People take out critical illness insurance to give them a financial safety net in the event that they become seriously ill. And with around a quarter of people becoming critically ill before they reach retirement age, taking out critical illness insurance is an important choice for everyone.
However, if you fail to disclose all the details of your medical history when applying for critical illness insurance, your provider may not pay if you are diagnosed with a serious illness. And in one fell swoop, your safety net could hit the ground.
Kevin Mullane knows about this all too well. Just after having six lymph nodes removed beginning to battle against a secondary infection, his insurance company told him that they would not pay out on his critical illness policy. The reason for this was that he had not given them all the necessary information when he applied for critical illness insurance.
Critical-Illness-Insurance-UK.org.uk, the free national information and advice site has set up a
special section designed to show people how they can safeguard their policies. Company director, Victoria Selman says,
“We want to make sure that what happened to Kevin, doesn’t happen to anyone else.”
The new pages on the site provide the latest information about what you need to do when applying for critical illness cover to ensure that a provider will not refuse to pay out if you become seriously ill.
However, if you fail to disclose all the details of your medical history when applying for critical illness insurance, your provider may not pay if you are diagnosed with a serious illness. And in one fell swoop, your safety net could hit the ground.
Kevin Mullane knows about this all too well. Just after having six lymph nodes removed beginning to battle against a secondary infection, his insurance company told him that they would not pay out on his critical illness policy. The reason for this was that he had not given them all the necessary information when he applied for critical illness insurance.
Critical-Illness-Insurance-UK.org.uk, the free national information and advice site has set up a
special section designed to show people how they can safeguard their policies. Company director, Victoria Selman says,
“We want to make sure that what happened to Kevin, doesn’t happen to anyone else.”
The new pages on the site provide the latest information about what you need to do when applying for critical illness cover to ensure that a provider will not refuse to pay out if you become seriously ill.
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