What’s the difference between Terminal Illness Cover and Critical Illness Cover?
Terminal Illness Cover is usually included in Life Assurance policies at no extra cost. It could pay out your chosen amount of cover if you’re diagnosed with a terminal illness and have a life expectancy of 12 months or less, rather than on death.
Critical Illness Cover is an additional policy. It’s designed to pay out your chosen amount of cover if you’re diagnosed with one of the providers specified critical illnesses (for example heart attack, stroke etc) during the length of your policy.