Critical Illness Reviewer

On the majority of critical illness polices yes children are covered under the policy with no additional underwriting. The childrens cover is like an added extra into the plan that should a child under the age of 18 suffer from a critical illness that was not pre-existing the policy would pay a re determined lump sum out. The amount varies from company to company, however a good rule of thumb is upto a maximum benefit of £20000 or 25% of the sum assured which ever is the lower. This is not set in stone, however it is a good guide to go by. Step children are also normally included into plan as are those whom are legall adopted. As with any critical illness policy the child has to be diagnosed with the critical illness an then survive 14 days. The good thing about childrens benefit is that if a claim is made under it the plan will not cease as it does under a full policy but it will continue.

Childrens benefit is one of the main claimed critical illnesses with often as many claims made under it as strokes for example.  The minium age for a child for a critical illness claim is normally 30 days old.