{"id":3706,"date":"2022-02-28T15:37:00","date_gmt":"2022-02-28T15:37:00","guid":{"rendered":"http:\/\/www.newsfin.co.uk\/news\/?p=3706"},"modified":"2022-02-28T15:37:00","modified_gmt":"2022-02-28T15:37:00","slug":"critical-illness-cover-3","status":"publish","type":"post","link":"https:\/\/www.generationwealth.co.uk\/news\/critical-illness-cover-3\/","title":{"rendered":"Critical illness cover"},"content":{"rendered":"<h3>COVID-19: What you need to know<\/h3>\n<h5>Critical illness insurance offers you and your loved ones financial support should you unexpectedly fall ill with a specified illness.<\/h5>\n<p><!--more--><\/p>\n<div class=\"row\">\n<div class=\"large-10 large-offset-1 columns\">\n<p>Critical illnesses are identified under a specific set of criteria and coronavirus (COVID-19) is not a specified critical illness under the Association of British Insurers (ABI) \u2018Guide to Minimum Standards for Critical Illness Cover\u2019.<\/p>\n<p>In the unfortunate event that you were to develop a critical illness that is addressed in the ABI \u2018Guide to Minimum Standards for Critical Illness Cover\u2019 as a result of coronavirus, the majority of insurers would be expected to approach this claim in the same way as they would usually.<\/p>\n<p>Most people will still be able to get critical illness insurance at this difficult time. In a minority of cases, such as if you are experiencing coronavirus symptoms or have tested positive for coronavirus and are still experiencing symptoms, there could be a delay to the decision as some insurers have temporarily postponed new applications until you have tested negatively.<\/p>\n<p>In the instance where your application is delayed, insurers are working with professional financial advisers to enable an efficient re-application once there is less strain on the healthcare services.\u202fThe delay will not impact your ability to apply for insurance in the future.<\/p>\n<p>Many insurers are working to explore other ways to accept applications that require medical evidence in this new environment. This could include offering virtual medical screening, for example.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"large-12 columns\">\n<hr \/>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>COVID-19: What you need to know Critical illness insurance offers you and your loved ones financial support should you unexpectedly fall ill with a specified illness.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/3706"}],"collection":[{"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/comments?post=3706"}],"version-history":[{"count":0,"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/3706\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/media?parent=3706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/categories?post=3706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.generationwealth.co.uk\/news\/wp-json\/wp\/v2\/tags?post=3706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}