Accelerated SIC is an add-on you can buy with Mortgage Protection or Life Insurance. If you make a claim, it reduces the overall cover on your MP or LI policy.For example: You buy a Life Insurance policy of €500,000.You buy Accelerated Specified Illness Cover of €100,000.You’re diagnosed with cancer as specified in your policy.You receive €100,000 from your specified illness claim.Your life cover is reduced by €100,000 leaving you with life cover of €400,000. If you buy Additional SIC separately, it doesn’t reduce the overall cover on your other policies. So, if you buy €500,000 Life Insurance and €100,000 SIC and make a claim, you’ll still have the full €500,000 LI.