The level of cover and the premiums a company will quote for with regards to critical illness insurance deals will depend on a number of issues including:
- Your gender
- Your age
- You medical history
- Your families medical history
- Whether you are smoker/ consume alcohol
- Your occupation
- Your place of residence
You may also want to check the illnesses that are covered on your policy. The majority of critical illness insurance providers will provide financial protection in the event of cancer, heart attack and transplants - please read the small print of the policy wording before taking out the insurance.
However, with the advances in medicine and technology there are now treatments available that can prevent certain illnesses. This means that the relative severity and permanent effects of the illness will usually be considered in your policy before you are able to make a claim.
Because there are so many critical illness insurance quotes out there, it is important to think about what cover you specifically need and to research critical illness insurance where needed. You should read the policy carefully and make sure you are receiving the appropriate cover for you.