How to offer life insurance. Critical Illness Cover, Get a Quote - Aviva


Critical Illness cover simply explained Critical illness cover.

It’s easy to think ‘I’d cope, that’ll never happen to me’. But any of us could become ill and a critical illness policy may help to give you some financial security at a difficult time.

Aren’t Critical Illness cover and Life Insurance the same thing?

Actually, the 2 products are different and pay out in different circumstances. With us, you have the option to buy Critical Illness cover on its own or in addition to a Life Insurance policy.

Our Life Insurance Plan pays out a lump sum if you die during the term of policy and could help provide some financial security for your family if you’re not around

Our Critical Illness Plan pays out a lump sum should you be diagnosed with an illness specified in the policy and survive for at least 10 days. We only cover the critical illnesses we define in our policy and no others and the Critical Illness Plan doesn't pay out if you die

Our Life Insurance Plan and Critical Illness Plan have no cash-in value at any time.

You may think that you don't need Critical Illness insurance or you have a good reason for not taking it out, so let’s have a look at the things you might be thinking:

Most people believe that critical illness will never happen to them, but most of us know someone either directly or through friends and family that has been affected.

No one wants to think they’ll be struck down with a critical illness, but it can affect anyone, at any age.

What is term life insurance

Policies don’t cover many illnesses

We cover a broad range of conditions. A full list of the conditions included is available online.

Critical Illness cover doesn’t have to be unaffordable. You can choose the amount of cover to fit your budget. In the end, it’s up to you to decide how much cover you need and for how long.

If you should ever need to make a claim, the money you may receive could help make life easier for you and your family, which will mean you can just concentrate on getting better.

So if you feel that critical illness cover could give you and your family a little extra peace of mind, get in touch today for a quote.

How your cover works over time

Cover and premiums that increase over time

With increasing cover, the amount of cover and the amount you pay can both go up each year. This means the policy holds its value to protect against inflation.

This could be a good option if you’re looking to:

Maintain your living standards

Term life insurance explanation

Help to cover any additional health and living costs

Pay your children’s school or university fees

Continue to make mortgage payments

The maximum annual increase is 15% to your premium and 10% to your cover amount

If you don’t want your cover and premiums to go up, you can choose to maintain the same amount of cover and the amount you pay each year.

Cover that decreases over time

With decreasing cover, the value of your cover goes down each month (broadly in line with a repayment loan using a fixed interest rate), but what you pay stays exactly the same for the duration.

The cover amount will eventually finish at £0, just like any debts that you want to pay off – so you won't have to worry about paying off any outstanding debts if you're diagnosed with a critical illness.

This could be a good option if you’re looking to:

Pet insurance

Cover any debts or loans that you repay monthly

Your premiums are guaranteed unless you make a change to your policy.

Looking for more cover?

Life Insurance

Cover for your mortgage, children’s university fees, loss of salary and more if you pass away.

Payment: If you get a terminal illness and aren’t expected to live longer than 12 months or you pass away

Over 50s Life Insurance

Affordable over 50s cover that lasts a lifetime.

Cover: £404 to £20,077 (subject to age and premium)

Free Parent Life Cover

A year’s worth of life cover for parents of children under 4. Absolutely free.

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