{"id":45084,"date":"2013-12-07T13:59:00","date_gmt":"2013-12-07T06:59:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/critical-illness-insurance-the-neglected-cover-that-could-be-crucial\/"},"modified":"2017-02-22T12:29:49","modified_gmt":"2017-02-22T05:29:49","slug":"critical-illness-insurance-the-neglected-cover-that-could-be-crucial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/critical-illness-insurance-the-neglected-cover-that-could-be-crucial\/","title":{"rendered":"Critical illness insurance: The neglected cover that could be crucial"},"content":{"rendered":"


\nCritical illness cover \u2013 which pays out if you get a life-threatening illness \u2013 has a bad reputation. But is it time to look again?Critical illness cover used to be the bad boy of the protection insurance world. This is a type of insurance that should pay out a lump sum if you are diagnosed with a life-threatening illness such as cancer or heart disease. The money is tax free and can be used in any way you like \u2013 to pay a lump sum off your mortgage, enable you to stop working, or buy private medical care. You decide how much you think you’ll need when you take it out.In the past, these protection policies were slated for having too much wriggle-room, allowing insurers off the hook when it came to paying claims \u2013 and insurers were notoriously secretive about how many claims they let through. Not surprisingly, insurers found critical illness cover increasingly hard to sell, and so have been forced to clean up their act. First, they started to declare how many claims were successful \u2013 they say that, on average, more than nine in 10 are now met. Then they increased the number of illnesses and conditions covered. Some covered fewer than 10, but the list now typically covers 40 to 50. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Critical illness insurance: The neglected cover that could be crucial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Critical illness cover \u2013 which pays out if you get a life-threatening illness \u2013 has...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-45084","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bJa","jetpack-related-posts":[{"id":96732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-my-disabled-son-get-cover-for-joint-mortgage-payments\/","url_meta":{"origin":45084,"position":0},"title":"How can my disabled son get cover for joint mortgage payments?","date":"August 27, 2018","format":false,"excerpt":"\r He is on universal credit and I\u2019m worried that if his girlfriend is unable to work he will be liable Q My son and his girlfriend are buying a house together. 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In a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72133,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-motor-insurers-prepare-to-break-even-after-governments-lump-sum-seesaw\/","url_meta":{"origin":45084,"position":2},"title":"UK motor insurers prepare to break-even after Government's lump sum seesaw","date":"November 17, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...UK motor insurers prepare to break-even after Government's lump sum seesaw","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":193,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-we-pay-off-our-mortgage-in-full\/","url_meta":{"origin":45084,"position":3},"title":"Should we pay off our mortgage in full?","date":"October 15, 2015","format":false,"excerpt":"\r We will soon be in a position to repay the capital sum on the house but have heard that keeping a small amount outstanding is sensible Q Quite by accident when tidying paperwork I noticed that I have critical illness cover on the insurance for my mortgage. A year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80108,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-gets-what-from-illness-cover-linked-to-a-mortgage-if-a-couple-split\/","url_meta":{"origin":45084,"position":4},"title":"Who gets what from illness cover linked to a mortgage if a couple split?","date":"February 16, 2018","format":false,"excerpt":"\r My daughter has been diagnosed with cancer and gets the payout but has a 50-50 share in a houseMy 27-year-old daughter has been diagnosed with cancer. Nine months ago she, and her partner, took out a mortgage to buy a house as \u201ctenants in common\u201d (50% each). Along with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1922,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-free-travel-cover-from-lloyds-doesnt-get-me-very-far\/","url_meta":{"origin":45084,"position":5},"title":"My free travel cover from Lloyds doesn\u2019t get me very far","date":"January 19, 2016","format":false,"excerpt":"\r I pay for its Premier account, which includes travel cover, but it excludes my heart conditionI have a paid-for Premier account with Lloyd\u2019s Bank, which has certain benefits, including free travel insurance. This covers me for standard mishaps, including medical insurance for accidents and illness while abroad. It does\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/45084"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=45084"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/45084\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=45084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=45084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=45084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}