| |
| What
is Total and Permanent Disability with
Critical Illness Insurance Cover? |
| |
These days most
critical illness cover providers will
cover over 30 critical illness
definitions. One of these definitions is
that of Total and Permanent Disability.
Total and Permanent Disability means
that if you suffer from any illness,
condition or accident that totally and
permanently prevents you from working,
then you have a claim.
However the term "totally and
permanently prevents you from working"
can vary from insurer to insurer.
Another factor is what occupation you
do. For example if you are an office
worker then chances are that if you
cannot do your job then you may not be
able to do any job. However if you are a
builder then just because you cannot do
your job doesn't mean that you cannot do
an office job. Therefore the definition
of Total and Permanent Disability
depends of what occupation you are and
also what the insurance companies
underwriting criteria are.
The table below shows the different
levels of totally and permanently
disability definitions that insurance
companies use.
|
Definition Wording |
Our Rating of Option |
|
Your own existing occupation. |
Best Option |
|
Any employment to which you are
suited. |
Next Best Option |
|
Activities of Daily Living |
Next Best Option |
|
No Cover Offered |
Worst Option |
|
Sometimes depending on your occupation
or previous medical history the insurer
may not cover Total and Permanent
Disability on the Critical Illness
Insurance. This is the worst option.
The best option and the more likely you
will be able to claim is if you cannot
do your own occupation.
The next best option is that of any
suitable occupation. Even though you
cannot do your own you can do something
else.
The next best cover offered for Total
and Permanent Disability is Activities
of Daily Living. This varies from
insurer to insurer. However it involves
doing test on the policyholder. The
tests and criteria depend on the actual
insurer but one example would be if the
policyholder cannot and will never be
able to do 3 or more of the following
five tests. These tests are known as
activities of daily living.
Walking, Bending, Communicating,
Reading, Writing.
As you can see there is a lot more to
comparing critical illness policies than
just cost. To get expert help and advice
from a qualified financial adviser use
the enquiry form on the right.
|
| Quotes in 3 easy steps: |
| |
1. You complete the simple form
2. We search the whole of the market
3. You receive quotes |
| |
- Cover starts from as little as *£5 per month
- Quotes are FREE and without obligation
- We can put policies in trust for
free.
|
| |
| We compare the leading insurers including: |
| |
 |
 |
|
|
Useful Website Sections: |
| |
|
|
| |
|
Popular Critical Illness Articles: |
| |
|
|
|
|
*£5.00 Per month quote based on 25 Year
old female Non Smoker for £102,740
guaranteed level life cover only for
term of 25 Years.
**Take out life insurance before 31st
December 2010 and receive a £25.00 gift voucher. Voucher sent
once 3 months premiums are paid. If you
cancel within this period the voucher
will not be paid. One voucher per
customer. |
| |
