Critical illness cover for vegetarians?
Sorry but in the UK you can’t currently get critical illness cover for vegetarians.
As far as we know, there are no life companies that have a specific critical illness cover product aimed specifically at vegetarians, or vegans, or even flexitarians.
It seems a little short-sighted because I understand that they DO have these critical illness cover for vegetarians products in the USA and Australia.
It probably wont be that long until you can get specific critical illness cover for vegetarians in the UK bearing in mind the overwhelming evidence of the health benefits of vegetarianism and veganism.
However, don’t worry!
I have found a broker that can give you highly competitive critical illness cover quotes whatever your circumstances, irrespective whether you are vegetarian or vegan.
Click here to be taken to their excellent website www.compare-life-insurance.info
Simply fill in their 30 second form and sit back and relax. You can have your critical illness cover set up in minutes if you’re happy!
I believe they can beat the big comparison sites!
Things you need to know…
Sadly, virtually nothing in life is guaranteed, other than death and taxes, at least, that’s according to the famous expression.
None of us know what is around the corner, so we need to prepare for the future by acting today by getting you critical illness cover quote.
Insurance, for example, comes in a wide range of different forms, and applies to a wide range of different things.
We can insure our homes, our cars, our belongings, our phones, and much more besides.
A lot of people are quick to grumble about insurance, until the time comes when it is truly necessary, then they realize just how important it really is.
Critical illness cover, for example, is one of the slightly more unique forms of life insurance, and as a result, there are a few things that we need to know about it.
To help clear things up, here is a more detailed look.
What is critical illness cover?
Critical illness cover is a form of life insurance that has been specially created to pay out a lump sum, which is 100% tax free, in the event of you, or the policy holder, being diagnosed with a illness, which is defined as being critical, for the duration of the entire policy.
Premiums must be paid throughout the term to ensure that you remain covered for the duration of the policy, but you should also be aware that, once the policy comes to an end, you will no longer be protected.
How long do critical illness cover policies last?
In actual fact, you can take out a Critical Illness Cover policy and have it last for as long as you would like.
For example, a lot of people will take out these policies and design them to last until they have paid off the mortgage on their home.
On top of that, parents with young children will take out critical illness cover policies and have them run until their children have grown up, and have generally reached 18 – 22 years of age, on average.
Term life insurance is often combined with critical illness cover policies, although in these cases, you may only claim once.
What is a critical illness cover?
In actual fact, you cannot know for sure which illnesses will be covered until you speak to a specialist, as some providers will have different ideas of what truly classes as a critical illness.
Generally however, heart attacks, certain forms of cancer, head trauma deafness, and Parkinson’s disease, are covered by most providers.
It should be noted however, that a terminal illness, and a critical illness cover, are NOT the same thing.
Will you need medical records?
Yes. In order for you to receive a Critical Illness Cover quote, you will be required to disclose medical records and history to your potential insurers, as well as personal information regarding lifestyle choices etc.
This is so the insurers can get a better idea as to how much of a risk you may be.
For example, if you have a history of heart disease in your family, and if you have been a heavy smoker for a number of years, your premiums would be higher, because you would be much more of a risk than a healthier individual.
It may sound slightly unfair, cold, and even a little callous, but that’s just the way things work.
However, you may well be surprised at the affordability. Don’t ignore the risks.
So what are you waiting for? Save yourself some money and get your Critical Illness cover quotes from these comparison site beating guys now!