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What are the minimum and maximum monthly premiums for Critical Illness cover? |
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Minimum premiums vary from company to company depending on their own policies, but
they could be as small an amount as £5 per month. Your main consideration should be to make sure that you are covered sufficiently so that if you become seriously ill you receive a large enough payout to enable you to maintain your lifestyle, and ideally pay off any outstanding debts like a mortgage. Don't compromise on your sum insured unless you really cannot afford the monthly premiums. If you decide that you want to increase your cover and therefore your premiums at
any point, you may be able to do this. Check that the insurance company offers this
flexibility before signing up to a policy. |
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Please Note:
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