Product Overview
What is it?
An innovative health insurance product for commercial and specialty groups domiciled in the UK. Cover provides the insured person with a cash lump sum payment upon diagnosis of any one of the covered cancers.
Key Benefits
| • | Up to £50,000 tax free lump sum cash payment available post-diagnosis of a covered cancer |
| • | Focused coverage on the 6 main types of cancer |
| • | Cash benefit can be used for any purpose; to enhance the quality of life, supplement health insurance plan or for everyday incidental expenses |
| • | Affordable, competitive premiums coupled with comprehensive benefits |
| • | A new, innovative product that addresses the shortfalls in the current health insurance market and provides cash benefits when it is most needed |
What Cover is provided?
Coverage provides protection for the 6 main types of cancer:
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Prostate |
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Testis |
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Breast |
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Bladder |
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Colon |
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Cervix |
Why Critical Cancer?
| • | Coverage can be used as part of an employee benefits package, which may assist in retaining and recruiting high quality staff |
| • | There are already a number of insurers offering critical illness cover (including cancer), however it is the general belief that the relative high premium costs for this cover is preventing clients from buying any form of illness cover. Critical Cancer Insurance seeks to bridge this gap through an affordable alternative |
| • | Cover automatically includes 6 main types of cancer including the 2 cancers with the largest incidence rates for males and females respectively, being: prostate and breast cancer |
| • | There are significant costs after the diagnosis of cancer. A lump sum cash benefit which can be used for any purpose, removes the financial burden incurred post diagnosis. For example, cover can help protect against any loss of earnings or childcare services or be used to improve the insured person’s quality of life |
| • | This product is supported by up to date cancer research and with cancer being prevalent in 1 of every 3 individuals, this insurance offers peace of mind to the employee but also enables a company to stand out from its competitors |
Cover Eligibility
There is no requirement for medical information, cover available to UK residents, in full time employment and under the age of 70 who have not been previously diagnosed with cancer.
Coverage is provided in partnership with a leading Lloyd’s Syndicate who hold an A(Excellent) A.M. Best rating.
Target Market
Available to UK Groups and Corporate entities from SME to multi-national corporations and sold on a compulsory basis to all members within a group.
This product can be purchased in conjunction with our other A&H products for example alongside our Group Personal Accident or Business Travel insurance products, which can help companies deliver a high quality employee benefits package.
To talk to us about this product call us on
020 3011 5700 or
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