Critical Illness Cover for a Heart Attack
Heart attacks are one of the most common serious health conditions that insurers cover in critical illness policies. It’s particularly important as a financial safeguard for people with heart-related health conditions, heart disease within their family medical history, and for those aged 60 and above.
But whether you fall into one of these categories or just want to make sure you and your loved ones are cared for in any situation, getting critical illness cover for a heart attack will give you the peace of mind financial security brings.
That’s why critical illness cover is one of the few insurance products most financial experts recommend as being vital to long-term financial health.
In this article we’ll cover…
- Does critical illness insurance cover for a heart attack?
- How to get critical illness insurance
- Does critical illness cover heart failure?
- Making a claim after a heart attack
- Speak to an expert advisor today!
For the right advice or for more information about heart attack cover, speak to an insurance expert.
The ones we work with are capable of scanning the market to find the right critical illness insurance for your needs.
Does critical illness insurance cover heart attacks?
Yes. Heart attacks, strokes and cancer are the three major serious illnesses that many critical illness insurers provide cover for. Around 14% of claims for critical illness insurance come from men in their 30s after suffering from a heart attack, and this figure rises to 30% for men in their 40s and 50s, according to the latest reinsurers’ reports at the time of writing.
This makes heart attacks one of the key critical illnesses men want to get protection for, as it enables you to both pay a mortgage and look after your family in your time of need. With this in mind, although many insurers offer critical illness cover for heart attack, it’s important to select a provider with strong policy protection and a solid history of making payouts to claimants.
Before taking out a critical illness policy, it’s always worth consulting an insurance expert. They’ll be able to run a trained eye over the policy terms to ensure that it meets your needs, both personally and financially. Make an enquiry to get started.
How to get critical illness insurance
The best way to get critical illness insurance for heart attack is to research providers’ offers from the whole market. The level of cover you can get varies, so it’s important to compare policy documentation and terms and conditions from a range of insurance providers.
However, the most competitive insurance premium rates are usually offered through a financial advisor who can ensure both the customer and the insurer are the right match.
We work with qualified independent financial advisors who can help anyone looking for critical illness insurance for heart attack. Make an enquiry and we’ll put you through to the right financial advisor. Seeking out specialist advice will ensure that you get the right amount of cover for your needs.
Does critical illness cover include heart failure?
The most serious cases of heart attack can lead to heart failure. Over 70% of people who experience heart failure have previously suffered from a heart attack, heart operation, or cardiac arrest. So, if you have any history of heart disease, making sure your critical illness cover policy extends to heart failure is especially crucial.
Bear in mind that the cost of your policy is likely to be higher because of the increased risk to the insurer.
Which insurers offer critical illness cover for heart failure?
Insurers which offer critical illness cover with plan variations for heart failure, include…
- Canada Life
- L&G Extra
- Old Mutual Wealth
- Royal London
- Zurich Select
However, not all insurers include heart failure within their critical illness policies. So it’s best to seek expert advice to ensure the critical illness policy you get is fully comprehensive for heart failure. If you’d like help in connecting to an insurance expert, call us on 0808 189 0463 or make an enquiry.
Make a claim after a heart attack
If you’re paying into a monthly premium for critical illness cover and you experience a heart attack, you can make a claim for the payout your policy assures.
The size of the lump sum payout will be capped at the maximum amount of cover you’ve taken out and will depend on the severity of your diagnosis. If your critical insurance cover is triggered after a heart attack, it could give you a sizable lump sum to see you through mortgage payments and living expenses until you’re back on your feet.
Speak to an expert advisor
Rejection of claims usually comes from the diagnosed illness not being covered by the policy, but with the help of a financial expert, you’ll be well on your way to a critical illness insurance policy that’s tailored to your needs. The small expense of working through an insurance broker usually saves thousands of pounds in the long-term.
Call us on 0808 189 0463 or make an enquiry and we’ll put you in touch with the right financial advisor for your situation. We don’t charge a fee for making the connection, and there’s absolutely no obligation to make a purchase.