Billy Leverton

Various Aspects Of Critical Illness Cover- Part 3

In part 2 of this article we looked at the critical illness definition recommended by Munich Re. We will now see the critical illness definition accepted by Munich Re.A definition accepted by Munich Re may be as follows:The death of a portion of the heart... Read >

Various Aspects Of Critical Illness Cover- Part 2

The complexity of critical illness cover may give rise to different aspects. One aspect may be the reinstatement of life cover (buy back option). The buy back option may become useful if used under a prepayment critical illness policy. This could help the... Read >

Various Aspects Of Critical Illness Cover-Part 1

There is another aspect of critical illness insurance that must however be considered, the additional payment. If you have dependants and feel that the payout will not be enough after a critical illness benefit is obtained, you may go for the additional p... Read >

Things To Know About Critical Illness Insurance

Critical illness insurance made its first apparition in South Africa in 1983 and was known as dread disease insurance. Before 1983, policies having the name cancer policy may have been sold in the USA providing cover for certain types of cancer. These can... Read >

Some Conditions That Apply To Critical Illness Insurance

Critical illness insurance may sometimes surprise us with some cases, in this case, antiselection. For example, people already suffering from a critical illness may have applied for a critical illness policy without making their insurers aware of the dise... Read >

Looking At Critical Illness Claims Statistics To Determine The Insurer Of Your Choice Can Be Unwise

People have been made aware by experts in the insurance industry not to take out critical illness insurance with a company based upon its proportion of critical illness claims it pays out. The figure might give a wrong impression. The impact can affect yo... Read >

Critical Illness Insurance Developments And Statistics

Standard Life one of the most famous insurance companies in the UK had revealed its reports for the year 2005. Around 82 percent of critical illness claims may have been successfully paid since the year 2005 by Standard Life. These claims may have a reach... Read >

Evolution Of Critical Illness Insurance In South Africa

Critical illness insurance was firstly originated in South Africa. The idea of having a critical illness insurance in South Africa appeared from a discussion between a cardio-thoracic surgeon, Mr. Barnard and the chief executive of a life office. Critical... Read >

Some Points About The Development Of Critical Illness Insurance In Canada.

The Canadian critical illness market experienced a growth for the creditor critical illness insurance. More precisely, with critical illness cover acting as a protection for mortgage. According to Munich Re, 2000, creditor insurance was launched in the ye... Read >

Critical Illness Insurance And Its Evolution In Canada

Critical illness insurance had been a little slow to be known in Canada. More precisely, it took around five years. However, the Canadian life industry believes that critical illness insurance may adopt a similar trend where it had been a success, for exa... Read >

Developments Of Critical Illness Cover Sales In The USA And Canada.

The US market, on a whole had been slow to adapt with critical illness insurance. While in the UK critical illness cover is one among the most famous insurance policies, in the US it may be a completely different thing. On the other hand, most critical il... Read >

Critical Illness Insurance In The USA

Critical illness insurance did not exist in the USA long ago. There was a type of insurance known as the cancer insurance. It covered some types of cancers, alike critical illness which covers certain critical illnesses. Cancer insurance had been in the U... Read >

Standard Life Reveals Its Decrease In Declination Rates For Critical Illness Claims, 2006

Declined critical illness claim rates had been falling significantly down the years. One of the reasons may be that people's awareness has increased concerning certain diseases. Having a visit to the doctor, for example, has become more frequent than befo... Read >

General Stats About Critical Illness Cover.

While the chances of living a critical illness are increasing, the chance to be affected by a critical illness may still remain imminent. People in the UK may be continuously suffering from cancer, stroke, heart attack, multiple sclerosis and others. A cr... Read >

Cancer Leads Critical Illness Claims In The UK

There are various critical illnesses that affect people in the UK. Insurance companies used to cover seven major critical illness conditions but gradually, some of them have started to cover around 30. Even if medical technology has progressed considerabl... Read >