Why do I need child critical illness cover?

Why do I need child critical illness cover?

Child critical illness cover pays out a lump sum to help support your family, if any of your children or future children were to become diagnosed with a serious condition such as cancer or any of the conditions listed in our Policy Terms and Conditions.

The cover can help remove some of the financial stress if you need to take time off work to care for your child or help fund any treatment or changes to the home to accommodate their condition.

These costs may include medical equipment and adaptations for your home, taking unpaid leave from work, a carer or any lifestyle changes that need to be made.

Child critical illness cover is not a standalone product, so you need to add it on to your critical illness cover as a parent or guardian. This means that if your child has a condition listed in the illnesses we cover, then the main policyholder (the parent or legal guardian of the child) can make a claim.

Click here to get your quick quote to see how much cover would cost for you.

How to get child critical illness cover

In order to get your children covered, you can do so in three simple steps:

1. Complete an application for life insurance for yourself and/or your partner
2. Add critical illness cover at the time of application at an amount set by you
3. When you’ve been given a final quote price by us, add child critical illness which is calculated dependent on your chosen critical illness cover amount

How much cover can you provide for my child?

The amount of child critical illness cover is 25% of the main policy holder’s critical illness cover amount and we will pay out up to a maximum of £25,000 per child, whichever is lower.

For example:

• If you were to take out £100,000 worth of critical illness cover for yourself and add on child critical illness cover, then the maximum payout you could receive from a child critical illness claim would be £25,000
• The payout amount would also be £25,000 if you had £200,000 worth of critical illness cover as this is the maximum

How many children can I cover?

• We can pay one claim per child and this will automatically cover all children born after the policy is taken out (no need to notify us)
• There’s also no maximum number of children you can cover

To see further information on child critical illness, see the terms and conditions page.

Got 3 minutes? Click here to get your quick quote to see how much cover would cost for you.