Is there such a thing as critical illness insurance stand-alone version?

Question

is there such a thing as critical illness insurance stand-alone version?

I mean without life insurance element included. So when u get critically ill then u r paid a given compensation amount and can do with that money what u want

Answer 1

Yes, there is.  A number of companies now sell this product including, among others, Scottish Widows.  If you're in the UK you could look at the FSA website and they give you a steer on price comparison.

Answer 2

Yes - I have paid into one for years and it pays out £500,000 on diagnosis of a terminal illness, plus various other benefits, it doesn't have a life insurance policy but I do get the payments back if I cancelled the policy.

Answer 3

Yes, my company United America has critical illness stand alone policies or critical illness plus cancer policies.

Answer 4

Yes, we sell alot of critical illness policies.  They're very popular in Europe and growing in popularity here.

http://www.InsurancePickle.com

Answer 5

Yes there is. I have it through my company.