But just what are these illnesses?
The most common illnesses employees claim for under these policies are:
However, ‘core’ cover under a Group Critical Illness policy typically protects against a total of 10-12 serious illnesses.
As well as the above three, these usually include:
Should a worker develop one of these conditions at the severity outlined in the policy, they’ll receive a lump sum payout.
You also have the option to include a list of ‘further’ or ‘additional’ illnesses on the policy. This will be for an extra premium, but will expand the scope of the protection.
Doing so adds cover for 20-25 or so additional serious illnesses, including conditions such as:
Ultimately, the best way to work out what your scheme covers is to consult your policy wording. This should have a list of the illnesses the scheme covers and the severity criteria that must be met for the employee to make a successful claim.