What Online Tools Help Compare Critical Illness Insurance Policy Benefits Side-by-Side
To compare critical illness policy benefits side-by-side, use comparison websites for quick overviews, insurer key facts documents for detailed terms, and Defaqto for independent quality ratings. Protection advisers can provide comprehensive comparison reports analysing condition definitions - the most important but often overlooked factor.
Tools for Comparing Policies
Comparison websites
Compare prices and headline features from multiple providers quickly
Key facts documents
Every insurer provides standardised documents showing what's covered
Defaqto comparisons
Independent analysis comparing policy features and quality ratings
Broker comparison reports
Advisers can provide detailed side-by-side analysis of definitions
Frequently Asked Questions
What should I compare between policies?
Compare: number of conditions covered, condition definitions (especially for cancer and heart attack), children's cover, additional benefits like second opinion services, and premium guarantees.
Are comparison tools accurate?
Basic comparison tools show headline features but may miss important definition differences. For detailed comparisons, use insurer key facts documents or speak to a broker who can provide in-depth analysis.
Why do condition definitions matter?
Two policies may both cover 'cancer' but with different definitions. Some exclude early-stage cancers or require minimum invasive treatment. Definition differences can determine whether you'd receive a payout.
Can I compare policies myself?
Yes, using comparison sites and insurer documents. However, interpreting medical definitions can be complex. A protection adviser can explain differences in plain English.
Related Questions
This page provides general information only and does not constitute personal financial advice. Critical illness insurance products and their terms vary between providers. Always read the policy documentation carefully before purchasing. Your Home Finance is authorised and regulated by the Financial Conduct Authority.