It is possible that your child can become critically ill and it can lead to the increased cost of looking after them. From medical appointments to medical equipment for your home, a carer for your child to any lifestyle changes, you may need to have a good amount of money. It is also possible that you may have to take unpaid leaves to take care of your child that can cause an additional financial burden.
Generally, it is not a stand-alone policy
Child Critical Illness cover is not a standalone insurance, it is generally added to the life insurance policy of a parent or guardian. If your child is suffering from any kind of medical condition, then the key policyholder (the parent or legal guardian) retains the right to make a claim.
Some specialist life insurance providers have started providing critical illness cover for children, you may need to consult experts about your specific requirement and the right insurer can help.
Some specialist life insurance providers are now available in the UK and they pay up to £100,000 in children’s cover!
To get such enhanced children’s cover you may need to pay an extra premium that allows you to choose the amount you would want your child to be covered for. It is important to remember that not all life insurance provider will approve critical illness cover for kids as a stand-alone product.
Generally, this cover is available until your child reaches either age 18, or remains in full-time education until age 23.
Consult professionals about critical illness cover for children
If you are looking for critical illness cover for your child, it is advisable to get in touch with our life insurance providers, they will help you in every possible way and make sure that you get the policy as per your specific needs.
We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00