Serious Illness Cover from PruProtect
Not All Plans Are Created Equal
There have been more advances in medical science in the last 20 years than in the last 2000 and this has changed the rules of the game. Like the advances made in medical science, critical illness cover has now moved to the next level due to the demand for traditional policies to change, this is due to the all or nothing approach to payout on most critical illness plans.
The Serious Illness Cover plan comes from market leaders Pru-Protect and will look to pay out on the severity of a condition not just the critical ones. In fact it can cover up to an astonishing 154 illnesses and conditions.
You can benefit from
- It pays out sooner than most critical illness plans - Unlike competitors Pru-Protect pays an element immediately and can repeatedly
pay out, even for differing illnesses.
- It pays out on diagnosis of an illness - This means pay outs are made at an earlier stage of the illness, even if it is not
life threatening.
- Multiple pay outs - Traditional critical illness policies pay out once and then end, Serious Illness
Cover from Pru-Protect allows you to claim multiple times on the same policy for different illnesses.
- Severity based pay outs - There are various levels of severity determined which define the amount of money that gets paid out in each case. These levels have been set to insure that claims paid out reflect the impact that particular illness has on your lifestyle.
- More likely to receive a pay out - A recent study has shown that people covered by a Pru-Protect Serious Illness Policy are up to 24% more likely to be covered against a condition or illness compared to those covered by traditional critical illness policies. This diagram illustrates the findings.
We have prepared an article comparing Pru-Protect's Serious Illness Cover to traditional critical illness cover in more detail which you can view here. We also have some information direct from Pru-Protect which you can view below.
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