• Rachael Panteney

Does Critical illness cover actually pay out?



Critical Illness is not something you can predict or avoid, so it makes sense to have a financial lifeline in place, freeing you from worrying about your finances and allowing you to focus on yourself.


This is an insurance which covers illnesses listed within a policy. If you get one of these illnesses, a critical illness policy will pay out a tax-free, one-off payment.


Aviva have released their 2019 claims report, and it makes for some surprising reading. You might expect the headline grabbing illnesses such as Cancer, Heart Attack or Stroke to be the most common claims, and this is true for men.

However for women Multiple Sclerosis is the 2nd most common claim, behind Cancer.

Children’s Critical Illness Cover was a top reason for claiming – with 263 cases equating to more than £5m being paid out. Again, the most common cause was cancer, with stroke and heart surgery following behind.

Most critical illness policies now include children’s cover as standard, so if you have kids, check your policy documents to make sure your children are covered.


In the rare occasion a claim isn’t paid out, it is usually down to misrepresentation – this is where the policy holder hasn’t been honest on the application. So don’t be tempted to tell a little white lie when answering those health questions. It really isn’t worth it.


For fee free advice on a policy that protects both you and your family,

contact us on 01323 436680.


Rachael Panteney

Financial Adviser

Willow Tree Financial Services

rachael@willowtree-fs.co.uk