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Critical Illness Cost Factors
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Age - The older you are the more expensive.
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Sex - If you are female the cost of your UK critical illness cover is likely to be more expensive.
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Health - If you are not in good health premiums may be increased or cover may be declined.
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Occupation - Different occupations are deemed to present a greater risk and may therefore increase premiums. Manual workers will pay more for cover.
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Sum assured - The amount of benefit you choose to receive , the higher the amount the higher the cost.
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Term of policy - The amount of years that cover will last affects the cost of critical illness cover.
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Smoking - If you smoke there is more chance of you contracting a critical illness therefore the premiums will cost more.
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Family medical history - Because some critical illnesses are hereditary cover could cost you more.
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Guaranteed rates are generally more expensive than reviewable rates.
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