I have £100,000 Critical Illness Cover with my partner and wanted to know whether it pays out 50% for each of us should something happen to us or whether is pays out the full £100,000?
- Michael Barrow
- Independent Protection Expert
A Joint Critical Illness Insurance policy would be paid out on what’s known as the ‘first event’. This means that if you or your partner were to suffer a serious illness or injury covered by the policy it would pay out in full and then terminate.
Please call us on to speak to one of our advisers who will be able to discuss your requirements and run through your options.