Are there any delays before I receive payment on a critical illness claim?

All critical illness policies require you to survive for a minimum number of days following diagnosis in order to have a valid claim. This is called the “survival period”. Typically a survival period is 28 days but some companies have reduced this to 14 days.

Assuming that you have passed the survival period, payment on a claim will be made promptly after the insurer has received satisfactory evidence that: -

• you are the policyholder
• your age is correct
• and the insurer has received the necessary report from a consultant, who is a specialist in your illness.

All insurance payments are totally tax-free.