http://www.articlealley.com en-us editorial@articlealley.com Today there are so many choices for life insurance policies that one often wonders how to get a good policy. Indeed we are almost bombarded by all kinds of products from various life insurance policy insurers. Some will advertise on television and many ... http://www.articlealley.com/article_787789_19.html 17th February 2009 Taking the critical illness insurance will benefit you as well as your family members or beneficiaries. To choose the best critical illness insurance entails comparing each plan to see its advantages and disadvantages. Critical illness insurance is normal... http://www.articlealley.com/article_783419_19.html 13th February 2009 Have you ever thought why your life insurance premiums rising? There are many factors for that. Someone with good health and lifestyle, their life insurance is normally lower. On the contrary, if some body with bad health and poor life style, he will obvi... http://www.articlealley.com/article_781212_19.html 10th February 2009 Investing in an affordable critical illness insurance policy is among one of the ways to plan for the future of our loved ones. Most of us plan to live till the old age, but the reality is different as not all people see there golden years. Taking this in... http://www.articlealley.com/article_780042_19.html 08th February 2009 Life insurance is a legal contract between an insurance company and the policy owner. The life insurance company pays a sum of money upon such event like death of the person insured. The amount of money is paid to the respective beneficiary in case an ins... http://www.articlealley.com/article_778339_19.html 03rd February 2009 To obtain full benefit from critical illness cover, reading your policy documents attentively can be vital. Critical illness claims may be becoming less frequent these days. But still, people find their claims being turned down. Non disclosure is one co... http://www.articlealley.com/article_629657_19.html 09th September 2008 Discounted critical illness insurance as its name mentions, can be obtained at an affordable price. Discounted critical illness insurance may sometimes be confused with private medical insurance. Private medical insurance may pay for the treatment procedu... http://www.articlealley.com/article_629655_19.html 09th September 2008 Having a critical illness policy is not just a measure of precaution for the future. It can also be considered as a means to save you money. The idea of having a critical illness policy is fine. But it can be rather tricky when choosing a critical illness... http://www.articlealley.com/article_629644_19.html 09th September 2008 Critical illness cover is considered as a rather complex form of insurance. Critical illness cover has many underlying stipulations. Obtaining a successful claim under critical illness cover may not be as easy and direct as life or car insurance. With lif... http://www.articlealley.com/article_629643_19.html 09th September 2008 First of all if you are worried about the safety of the family or want to set everything right for the future, you are probably wondering about taking a mortgage critical illness insurance. Fine idea as it is, to get the best mortgage critical illness i... http://www.articlealley.com/article_629641_19.html 09th September 2008 Critical insurance has become one of the most rapidly growing forms of insurance available today. According to tiscali.money, over 1 million of critical insurance policies may have been sold in the UK in the year 2002. Critical insurance was developed a... http://www.articlealley.com/article_629639_19.html 09th September 2008 Critical illness insurance made its first apparition in South Africa in 1983 and was known as dread disease insurance or serious illness insurance. Before 1983, policies having the name cancer policy may have been sold in the USA providing cover for certa... http://www.articlealley.com/article_629637_19.html 09th September 2008 Every year, around 700,000 people may be affected by a critical illness such as stroke. On the other hand, heart attack may make approximately 340,000 victims while around 1 million may be diagnosed by a critical illness like cancer. If you have term crit... http://www.articlealley.com/article_629635_19.html 09th September 2008 Arguably, the biggest wealth that someone can have is staying in good health. Sound health conditions open up chances to achieve many things in life. But you should realise the fact that anyone may contract a critical illness at any time in his lifetime. ... http://www.articlealley.com/article_629634_19.html 09th September 2008 We live in a world where the future is unpredictable. We cannot take the chance and simply say that nothing can happen to us. Life is so precious and certainly not a thing to gamble with. Surveys show that someone is more likely to suffer from a critical ... http://www.articlealley.com/article_629633_19.html 09th September 2008 Insomniacs rub your eyes, sit up and take notice. It may not be money worries, or family issues, or career prospects that make it difficult for you to sleep in your own bed. It could be far simpler than this, and perhaps more easily rectified. Buy a new b... http://www.articlealley.com/article_464213_47.html 30th January 2008 Critical illness cover first made its appearance in South Africa during the year 1984. At that time critical illness cover was a merely raw product. The insurance market had yet to propagate the product and people did not know about it. As time passed by,... http://www.articlealley.com/article_459276_19.html 23rd January 2008 The South African market had not taken much time to adopt critical illness cover. The success of critical illness cover in the South African market may have been one worth considering. Should it not have been this way, critical illness cover might not hav... http://www.articlealley.com/article_459274_19.html 23rd January 2008 The root of critical illness insurance lies in South Africa. Critical illness cover became a must as the health care system at that time in South Africa could not cope with the costs for critical illnesses. The idea stemmed from a discussion between a su... http://www.articlealley.com/article_459273_19.html 23rd January 2008 Critical illness cover appeared in East Asia during the year 1988. Since then, it may have been a success for the market. Besides, countries such as Malaysia, Hong Kong, Singapore and Taiwan all form part of the East Asian insurance industry. Companies in... http://www.articlealley.com/article_459271_19.html 23rd January 2008 Likewise to other countries such as UK, South Africa, etc various causes of critical illness exist in East Asia. In East Asia also, probably most of the critical illness claims come from cancer. Cancer may have made around 77 percent of critical illness c... http://www.articlealley.com/article_459270_19.html 23rd January 2008 Likewise to the USA and the UK, the process of integration of critical illness cover in the Canadian market had been slow. But the Canadian life industry expects to see critical illness insurance be as successful as in the UK during the coming years. Letâ... http://www.articlealley.com/article_459268_19.html 23rd January 2008 The creditor critical illness cover appeared in the Canadian insurance market during the year 1997. This type of critical illness cover may have then been combined to mortgage protection insurance. Canadian dollar 12 million may have been recorded during ... http://www.articlealley.com/article_459266_19.html 23rd January 2008 The adoption of critical illness cover had been relatively slow in the USA. In contrast, critical illness insurance may probably hold a much higher importance for the UK insurance market. The effort to boost critical illness cover sales by the DSF had led... http://www.articlealley.com/article_459264_19.html 23rd January 2008 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 po... http://www.articlealley.com/article_237457_19.html 05th November 2007 Another alternative to account for the fact that more and more critical illness conditions may be included in the critical illness policy is to add TPD (Total and Permanent Disability) as benefit triggers. Loss of Independent Existence (LIE) could also be... http://www.articlealley.com/article_237458_19.html 05th November 2007 For some time, there may have been some analysis regarding claims on critical illness products. Figures may not be as accurate so that a sound study could be made about the rate at which people made critical illness claims. However, results were managed t... http://www.articlealley.com/article_237463_19.html 05th November 2007 The survival period can be very important in a critical illness policy. So let’s have a look at the survival period in detail. To obtain payment from additional critical illness cover, it may be wise to make an agreement about a survival period. The sur... http://www.articlealley.com/article_237464_19.html 05th November 2007 With critical illness cover there had been evolution concerning the medical endorsement. Experience with life and disability insurance may only be of minimum use. Because when assessing the different risks, the single cause of death and disability may ste... http://www.articlealley.com/article_237466_19.html 05th November 2007 The experience in markets where critical illness covers had been sold may not have been pleasant. Results may have showed rough policy definitions, non disclosure by critical illness policyholders and moderate claims handling by insurers. This might have ... http://www.articlealley.com/article_237468_19.html 05th November 2007 The risks factors in critical illness insurance may be greater than that of life insurance. Reinsurance of critical illness insurance may be a solution to eliminate some of the financial loss an insurance company might incur. The procedure may take place ... http://www.articlealley.com/article_237469_19.html 05th November 2007 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... http://www.articlealley.com/article_228080_19.html 15th October 2007 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... http://www.articlealley.com/article_228081_19.html 15th October 2007 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... http://www.articlealley.com/article_228082_19.html 15th October 2007 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... http://www.articlealley.com/article_228084_19.html 15th October 2007 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... http://www.articlealley.com/article_228088_19.html 15th October 2007 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... http://www.articlealley.com/article_228089_19.html 15th October 2007 Critical illness cover has become a common type of insurance policy in the UK. Many people have bought critical illness cover to protect their family in the future or may be to secure their mortgage. Research has shown that combined critical illness polic... http://www.articlealley.com/article_215755_19.html 20th September 2007 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... http://www.articlealley.com/article_215756_19.html 20th September 2007 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... http://www.articlealley.com/article_215757_19.html 20th September 2007 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 be... http://www.articlealley.com/article_215758_19.html 20th September 2007 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... http://www.articlealley.com/article_215759_19.html 20th September 2007 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... http://www.articlealley.com/article_215761_19.html 20th September 2007 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... http://www.articlealley.com/article_215762_19.html 20th September 2007 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... http://www.articlealley.com/article_215763_19.html 20th September 2007 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... http://www.articlealley.com/article_215764_19.html 20th September 2007 The Association of British Insurers had also published model definitions for exclusions in critical illness cover. Some common exclusions found in many critical illness policies are as follows: Aviation, criminal acts, drug abuse, HIV/AIDS, failure to fol... http://www.articlealley.com/article_206232_19.html 24th August 2007 Critical illness insurance is one of the most common types of insurance policies in the UK. Since critical illness insurance was brought in the UK during the mid 1980’s till now, there has been a lot of evolution. Back in the year 1990, critical illness... http://www.articlealley.com/article_206231_19.html 24th August 2007 Long ago when someone suffered from a critical illness, his chance to survive could be slight. Nowadays, the advances in medical technology have made it possible for critical illnesses to be detected and treated earlier. As a matter of fact, survival rate... http://www.articlealley.com/article_206230_19.html 24th August 2007 The model definitions you will find as you read further in the article has been taken from the ABI’s best practice for critical illness cover (May 2002). Insurance companies, members of the ABI must adhere to these model definitions when they sell crit... http://www.articlealley.com/article_206229_19.html 24th August 2007