For people who are living with, or have members of their family who have received a diagnosis of Arthritis, everyday living can be quite debilitating. However, along with many other long term conditions like Arthritis and others which can prevent you from working. A Critical Illness Cover policy can provide peace of mind and financial support. By having a Critical Illness Insurance policy in place, it will pay you a tax-free lump sum or monthly benefit.
A claim payment can be used at your discretion to pay of a mortgage. Or used to pay the monthly bills. A policy will give you the peace of mind, knowing if you are unable to work due to a long term medical condition you will have a financial safety net.
In today’s guide we will explain about the some of the various forms of Arthritis. Including what you can expect from a Critical Illness Cover policy.
Our Guide will answer many of the most common questions, which include:
Will Critical Illness Cover Arthritis?
The simple answer is yes, you can get a Critical Illness Cover policy for arthritis. However, because there are many different forms of Arthritis and each person has a different level of severity. Insurers will assess each individuals application, including confirming your treatment via your GP. All protection insurers offer different levels of cover for each condition. Which can directly relate to what lump-sums they can offer you.
It is always important to fully research all of the different insurer’s to compare what they will offer to you to best fit your personal circumstances.
Alternatively, rather than spending multiple hours trying to search and find the cover that you need. Use an FCA regulated broker instead, at Life Insurance Cover, our team of experienced advisors can help you to find the best policy for you and your family. By choosing to use a Life Insurance Broker, who can compare all of the market for protection providers. It will offer the peace of mind for the future and protect you and your loved ones.
Does Critical Illness Protection Cover Rheumatoid Arthritis?
Yes, but not all Critical Illness Cover insurers will offer protection on a standard policy. It is also worth noting that some Insurance providers may only offer a protection policy for Rheumatoid Arthritis as an additional product. Which will increase the monthly premium cost slightly.
Another point to remember is that an insurer may ask about your families medical history. Which can also impact the monthly premium cost. If you have a policy in place prior to a diagnosis Rheumatoid Arthritis. Insurers will generally evaluate the severity of your condition when you submit a claim against the policy. This will include an assessment into how it affects your life by checking which daily activities you are able to do.
Many of the providers of Critical Illness Cover policies will make a full claim payment to you, if you fail to complete daily activities that they will assess your severity on. This also includes if you have total permanent disability, which is usually means that you’re unable to work in the occupation that you did prior to your claim.
Will A Policy Cover Osteoarthritis?
It can be slightly more difficult to get Osteoarthritis Critical Illness Cover because of the potential additional risks to your long term health. An application for a protection policy may require additional information. If your condition is not severe and your symptoms are mild. You should be able to get Osteoarthritis Critical Illness Cover. At the same rate as someone with no prior medical history.
If you have more severe symptoms or if there are outstanding medical investigations. You may find that an application for Osteoarthritis Critical Illness Cover could require you to provide medical evidence from your GP. For individuals who may have more severe symptoms. There is a possibility that your monthly premiums could be higher because of the increased levels of risk.
By using an FCA regulated broker, who can search and find all of the impaired protection policies available for you. Including many policies not available directly, will ensure that you are protected for the future.
Can Psoriatic Arthritis Be Covered?
Yes, it is possible to get a Psoriatic Arthritis Critical Illness Cover Insurance policy.
Monthly Premium costs are usually offered on standard rates, for people who have a mild diagnosis. It is important to remember that, if your symptoms are more severe or your medication could result in possible health issues. Your monthly premium cost will increase to reflect that risk.
Usually an Insurance provider will generally want to view a copy of your medical history. This will help them to assess your application for a Critical Illness Cover protection policy. This will enable them to provide the right level of cover for you and your family.
Before an insurer can make a decision in relation to offering a claim payment to you. They will take into consideration a few different factors. Which will include the date of your diagnosis, how severe your condition is and what type of treatment you’re receiving.
Compare Policies With Life Insurance Cover
With so many different policies available by all of the different insurers, not knowing where to start can be quite a daunting thought. At Life Insurance Cover we offer a free no obligation quote service for all of our visitors and customers. Our experienced team are on hand to help you through the process of protecting your long term financial future. By comparing Life Insurance and Critical Illness Cover policies. We are here to help you find the best policy for you and your family, and to answer any questions you may have.