Terminal illness cover and critical illness cover are additional layers of protection. Whether you need them will be based on your personal circumstances and what you’d like to cover.
All term-based life insurance through Reassured comes with terminal illness cover as standard and can include critical illness cover for an additional cost. However, these can't be added to whole of life insurance products at Reassured.
Terminal illness cover allows for early claims to be made if you’ve been diagnosed with a condition which results in you having less than 12 months to live. The sum assured would be received before you pass away and could help you to cover end of life care costs and other wishes you may have.
The policy will expire after the claim is made. Terminal illness cover can't be secured by itself.
Critical illness cover provides a cash lump sum if you have a serious, life changing, illness which isn’t terminal and is listed in the policy by the provided insurer. A claim can be made to cover additional care costs, home adaptations and quality of life changes.
Like terminal illness cover, the policy expires upon a successful claim. However, critical illness cover can be purchased separately with some providers.
If you’re unsure which of these are more beneficial to you, you can check our terminal illness vs critical illness article for more information.