Financial breathing room
A successful claim can provide an additional financial resource at a time when your health becomes the priority.
Critical Illness Cover
Financial support when your health changes
Critical Illness Cover is designed to pay an agreed amount if you are diagnosed with a qualifying critical illness, helping give you and your family additional financial support at a difficult time.
Help when life takes an unexpected turn
A financial payment can provide additional support
while you focus on your health and recovery.
Cover for serious illness
Designed to provide a payment following diagnosis of a qualifying critical illness.
Standalone or additional
Critical Illness Cover may be arranged separately or alongside a life insurance policy.
Monthly premiums
Regular premiums need to continue to be paid for the cover to remain in place.
Understanding the cover
What is Critical Illness Cover?
A serious illness can affect far more than your health. Critical Illness Cover is designed to provide financial support following the diagnosis of a condition covered by your policy.
A financial payment following diagnosis
Critical Illness Cover is an insurance product designed to pay an agreed amount of money if the insured person is diagnosed with a qualifying critical illness.
The exact illnesses covered, the circumstances in which a payment can be made and the amount of protection available will depend on the terms of the individual policy.
Check what your policy covers
Different insurers and policies can define covered conditions differently, so understanding the terms of your cover is important before you apply.
Why consider Critical Illness Cover?
Because a diagnosis can change more than your health
A serious illness can create financial pressure at the same time as you are dealing with treatment, recovery and changes to everyday life.
Support for your family
Financial protection can help reduce some of the additional pressure faced by you and the people around you following a serious diagnosis.
Help with financial commitments
A serious illness does not automatically remove everyday household and financial responsibilities.
Flexible ways to arrange cover
Critical Illness Cover can form part of your wider protection
Depending on your needs and the policy available, critical illness protection may be arranged in more than one way.
01
Alongside Life Insurance
Critical Illness Cover can be chosen as an additional benefit alongside a life insurance policy, bringing different forms of protection together.
02
As separate cover
It may also be possible to arrange Critical Illness Cover separately rather than attaching it to a life insurance policy.
Plan before you need it
Protection is designed to be arranged before
the circumstances that may lead to a claim arise.
Thinking ahead
Arranging cover earlier can affect the cost
The current Lotus Life Review guidance recommends considering Critical Illness Cover sooner rather than later, as premiums can be lower when cover is arranged earlier.
Your actual premium will depend on your individual circumstances, the amount and type of protection required and the insurer's terms.
Get a QuoteKeep your premiums up to date
Whether Critical Illness Cover is arranged separately or alongside Life Insurance, the required monthly premiums need to continue to be paid for the cover to remain in force.
Find out what your cover could cost
Get a Critical Illness Cover quote
Complete the Lotus Life Review quote form to start exploring the Critical Illness Cover options available to you.
Want to understand your Critical Illness Cover options?
Speak to Lotus Life Review about the protection available to you and your family.