Serious Illness Cover
Being diagnosed with a critical illness is hard enough without added financial pressure. We can help you and your children get covered in the event of serious illness, giving you the mental space to focus on your health.
1 in 2 people face cancer in their lifetime
Helped Protect Over 50,000 Families
What is Serious Illness Cover?
Serious Illness Cover helps to give you the freedom to focus on recovery, paying out between £500 – £500k as a tax-free lump sum. And as an added benefit, your policy will pay out up to £25k to cover a maximum of 3 children, at no extra cost.
Why is Serious Illness Cover important?
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Financial peace of mind
Serious Illness Cover can help to support you & your family financially, so you can take the time to focus on recovery without worrying about bills.
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Cover for your kids
Unlike some other Serious Illness policies, you will receive a payout of up to £25k if your children fall sick, for no additional fee.
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You’re never too young
Last year, several major insurers reported their youngest claimant to be between 21[1] and 22[2] years old.
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Stability for freelancers
Serious Illness Cover helps to provide a financial safety net for those who are self-employed or freelance, and who can’t claim sick pay.
Typical Serious Illness claim cases
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Cancer
There are 3 million people currently living with cancer in the UK, and this number is predicted to almost double to 5.3 million by 2040. [3]
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Stroke
More than 100,000 people in the UK suffer a stroke each year, that’s 1 every 5 minutes. [4]
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Heart attack
Between 2021 & 2022, more than 84,000[5] people were admitted to hospital due to a heart attack, an increase of more than 7,000 in just one year.
Dads know best
Don’t just take our word for it. Hear from some of the dads just like you who chose to protect their families’ financial futures with Tom.
Manage your policy from our app
You can now view and access your policy documents in one place, any time, anywhere. Our Tom app helps keeping on top of your insurance super simple. Manage your payments, learn about our other products and get in touch at the tap of a button.
What’s Covered?
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What’s covered?
- 35 Serious illnesses covered
- Cover available from £500 – to £500K
- Children’s serious illness cover included for up to 3 children
- Enhanced payouts for certain types of Cancer
- Waiver of Premium optional extra available
- Total Permanent disability optional extra available
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What’s not covered?
- The policy will not pay out if you are diagnosed with a serious illness that is not listed in the policy.
- The policy will not pay out if you are diagnosed with a condition that doesn’t meet the severity specified.
- Any pre-existing conditions known before the policy start date.
- You must survive at least 10 days after your diagnosis.
- Children are not covered until they reach 30 days old.
- Children are no longer covered from their 18th birthday (or 21st birthday if in full time education).
Three steps towards financial peace of mind
- Fill in the form
It’s just a few questions, no confusing financial jargon, and you’ll be done before the kettle’s boiled. Once you’re ready, just hit ‘send’. - Talk to us
Expect a call. Not from a robot, but from a real person who’s here to help you find the right cover for you and your family. - Relax
Let’s be honest, you’re a dad & you’ve got loads on. So we’ll handle the tricky stuff while you get on with your day. Simple, huh?
If you’ve got questions, we’ve got the answers.
If you’ve got questions, we’ve got the answers.
Serious Illness Cover FAQ’s
What is Serious Illness Cover?
Serious Illness Cover is designed to provide a one-off cash payment in the event that you become seriously ill. This money can be used to cover bills if you’re unable to work, support with medical expenses, or just provide some peace of mind that your finances are in order while you recover.
What does it cover?
Following our initial chat with you we’ll provide a list of illnesses your policy will and won’t cover, based on your health and lifestyle, however the most common claims for Serious Illness Cover include cancer, stroke and heart attack.
What does Serious Illness Cover cost?
Like Life Insurance, the cost of Serious Illness Cover will depend on your health and lifestyle, as well as the payout amount. To receive an accurate quote for cover, it’s always best to speak to one of our team for a no-obligation chat.
References
[1] https://www.covermagazine.co.uk/news/4120593/brain-conditions-account-14-avivas-ci-pay-outs-2022
[2] https://moneypeopleonline.co.uk/lv-critical-illness-claims-statistics-2022/
[3] https://www.macmillan.org.uk/dfsmedia/1a6f23537f7f4519bb0cf14c45b2a629/9468-10061/2022-cancer-statisticsfactsheet
[4] https://www.stroke.org.uk/what-is-stroke/stroke-statistics
[5] https://www.independent.co.uk/news/health/symptoms-heart-attack-rates-uk-b2393190.html