It is very important to reveal your medical past to your critical illness insurance. Not revealing facts you judged unimportant to your critical illness insurance, could be very costly. Therefore it is necessary that you tell your critical illness insurers every minor details before you sign. Let us have a look on the advantages of revealing your medical history to your critical illness insurers.
Can you remember the last time you visited the doctor during the past few years? That’s certainly a difficult question you might try to answer. You could have had treatment for a headache or an earache months or years ago. As time passed by, you ended up forgetting it. As a measure of precaution, you should try and remember the many times you visited a doctor. Critical illness insurances will give attention to tiny details. As a matter of fact you should read the contract policy carefully before signing for the critical illness cover.
A critical illness insurance can award you a tax free lump sum if you are diagnosed with a severe illness. A critical illness can be classified as follows: heart disease, cancer, strokes, kidney transplant among others. Let’s say you have fallen critically ill. Definitely you’ll call for your critical illness insurers. They will make a survey about your medical past. If your critical illness insurers find something you have not told them, you are going to be penalised. Your claim will be turned down. If by misfortune at that time you cannot afford money, then your life is at stake. You could avoid all this trouble by just disclosing every detail about your health history to your critical illness insurers.
The tax free lump sum awarded by a critical illness cover can be used in different ways. There is no restriction put forward by the critical illness insurance. This money could be used to pay for the children’s educational fees, monthly bills or even mortgage monthly payments. Not to forget, this lump sum could be used to pay for your own critical illness treatment. Therefore, if your critical illness insurers know everything about your health you are sure to win your claim on demand.
Your critical illness insurance will only offer you the money if you are suffering from one of the illnesses classified as a critical illness. As a measure of precaution you should shop well for quotes before confirming a deal with critical illness insurance. There are many critical illness insurances which include a lot of exclusions in their policy. Such critical illness insurances are much severe about your medical history. So do not miss anything before you sign.
We certainly live in a world where the future is unpredictable. If you want the safety of your family, choosing a critical illness insurance is a fine decision.
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For more information about life insurance and critical illness insurance please visit www.unbeatablelifeandcriticalinsurance.co.uk.