critical illness cover

natsheff

i urge people to check their insurance policies to see what they actually cover. because with aviva bladder cancer isnt actually considered to be critical, even if u have the most aggressive form and actually need ur bladder out - still no payout- even though your 40, self employed so no sick pay and have paid into it for over 10yrs. nothing. so i urge u to check, we have a page on FB . com / dannybwild. im new to this so it wont let me add a link. also on twitter #natsheff

dunstonh

That doesnt just apply to critical illness policies but all insurance policies. They all have different things they do or do not cover.

Aviva are known not to have the best coverage on CI. You dont buy Aviva to get best coverage on CI. Although a plan from 10 years ago would be different to a plan you get today.

It is a problem with quote comparison sites that they all too often focus on price and not what has been left off here and there to achieve that lower price.

ACG

I agree with dunston - you were told in paper format what you were covered for. Admittedly you wont know every condition you can get and its there to cover some of the more common ones - not all of them.

This is the reason why i usually suggest income protection - so you have atleast a form of income no matter why your off work.

Being self employed or unable to work doesnt make any difference when theyre looking to pay out unfortunately. Its entirely possible to get a pay out and return to work the next day - or not even stop going to work at all.

archstanton_2

I'm looking at this type of insurance with a company called LifeSearch. ANyone heard of them? Is it the right thing to buy?

dunstonh

Is it the right thing to buy?

What does you adviser think? (i.e. does it fit your needs)

I'm looking at this type of insurance with a company called LifeSearch.

They are not a provider.

weighty1_2

archstanton wrote: »

I'm looking at this type of insurance with a company called LifeSearch. ANyone heard of them? Is it the right thing to buy?

As Dunstonh says, LifeSearch are not a provider they are a broker. I actually used to work for them!!

As with all companies some advisers are better than others in regards to their knowledge, however, overall I'd say the majority are excellent. The advisers have regular ongoing training, are constantly updated as to changes by providers and the company also have an in-house claims team should it ever come to that.

If LifeSearch hadn't given me the training they did I doubt I'd have made it as a self-employed adviser, so I'd always be happy to endorse them.