Critical Illness Cover

Critical Illness Cover

Critical Illness Cover – CIC

Critical illness cover is also known as critical illness insurance. It’s is a long-term insurance plan which covers serious illnesses listed within the policy. If the policyholder develops one of these illnesses, the cover will pay out a tax-free, one-off payment. This can help pay:

  • the mortgage;
  • rent;
  • debts;
  • for medical equipment (e.g. kidney dialysis machine);
  • to protect investments;
  • for alterations to the home.

It’s important to remember that not all conditions are covered, and the policy will also state how severe the condition must be.

Almost all CIC policies cover the following: 

  • Most forms of cancer;
  • Heart attack
  • Stroke resulting in permanent symptoms

Other conditions CIC commonly covers:

  • Coma
  • Blindness
  • Deafness
  • Coronary artery bypass
  • Benign brain tumour
  • Heart valve replacement or repair
  • Kidney failure
  • Motor neurone disease
  • Multiple Sclerosis
  • Loss of speech (permanent)
  • Third-degree burns
  • Permanent disability

Most policies will also consider permanent disabilities as a result of injury or illness. Some providers offer policies that pay an income by paying the one-off payment in instalments.

The insured person must survive for a specified period after an insured event, typically 14 – 28 days and this is known as the survival period. It’s important to remember that the insured person does not need to die for the payment to be made.

The policy stops on payment of the sum assured and it’s not possible to make more than one claim on a CIC policy.


Critical Illness Cover can be arranged on the basis of level, increasing or decreasing cover.


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