What level of Employment Cover do I need?

• With Critical Illness Insurance you need to decide the type of employment cover you need.

When you buy Critical Illness Insurance you’ll need to decide what type of “employment cover” you want. Before the Insurance Company will pay out, they will need to confirm that the illness stops you from working.

The question is what type of work does your illness stop you from doing?

With our panel of Insurance Companies there are normally three alternative definitions of being “out of work”:

• Critical Illness that stops you from following your current occupation. This is the most expensive option.
• Critical Illness that stops you from taking any job. This is the cheapest option.
• Critical Illness that stops you from taking any job to which you are suited. This is priced between the other options.

Scottish Provident uses a different system of assessing whether you are fit to work and if they provide you with the best quote you’ll want to understand this. They call it “Work Tasks and Life Tasks”. Basically, Scottish Provident lists six “work tasks” (such as talking and walking) and six “life tasks” (such as feeding and washing). If you are unable to carry out any two tasks from the “work tasks” or any three from the “life tasks” then your critical illness qualifies for a claim. Full details are in their booklet that will be sent to you if Scottish Provident provides you with the cheapest quote.

Please note : The information contained within the FAQ section has been written by Mortgage Protected Online

Related questions:

What is Critical Illness Insurance?

Do I have to survive for a minimum number of days in order to claim under Critical Illness Insurance?