Sentence examples for illness policy from inspiring English sources

John Hall, director of Beevers and Struthers Financial Management, says: "It is possible for freelancers and contractors to cover themselves for loss of earnings due to incapacity or ill health by taking out an appropriate income protect and/or serious illness policy.

Parents should also bear in mind that the maximum payout for a child on a critical illness policy is capped, usually at around £20,000 or 20% of the sum assured, according to the Association of British Insurers.

If you take a critical illness policy without children, and then go on to have them, they will be incorporated at no cost – but only if the insurer offers children's cover in the first place.

If you have a heart attack, for instance, and return to work after six months, a critical illness policy would have paid the lump sum, where income protection payments would stop when you go back to work.

An individual could get a high-deductible catastrophic illness policy, which would save enormously on premiums.

Brann also likes to include a couple of other options: a cancer policy that pays a cash amount in case the beneficiary gets cancer and a short-term critical illness policy that also provides cash, though usually in lower amounts that the life insurance, in case the beneficiary is off work and needs help paying medical or other bills.

Thirty years ago, the first critical illness insurance policy was put on the market in South Africa.

To investigate the occupational risks of multiple sclerosis (MS) through its incidence among critical illness insurance policy holders.

But critical illness policies designed to pay out in this unfortunate event can be very expensive.

It affected life or critical illness policies, annuities and, most significantly, car insurance.

Matt Morris, spokesman for independent specialist adviser Lifesearch, warns: "Many people take out critical illness policies which pay out if they get a serious illness, but very few consider what they would do if their child was diagnosed with one.