Important factors

There are some important factors that customers should consider when deciding on the most suitable critical illness insurance policy. These include:

Reading the small print to ensure they know the exact terms of the policy, e.g. what is and is not covered. Important information regarding the policy can be found in the key facts document, which can also be used to compare policies from different companies.
Whether or not premiums are fixed or can be increased by the insurer every few years. Fixed premiums (also known as guaranteed) may be worth taking out as although they may be higher to begin with, they could prove cheaper in the long run.
Looking for a policy for those with siblings that will provide cover for their children, in the event of them becoming critically ill or seriously disabled. The inclusion of children on the cover, as standard, is now provided by a growing number of UK insurers.

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