Axa Critical Illness Cover

Axa Critical Illness Cover. Fact! If you don't compare critical illness cover quotes you will not get the best deal. Compare now and save £1000's.

Critical Illness Cover offers you a lump sum payment if and when you are diagnosed with a critical illness that is covered by the plan. A critical illness plan will relieve you of your financial burdens in case you are not able to continue your job or have any other treatment related concerns.

When you take out an Axa protection product such as life assurance or critical illness insurance a major concern should be ‘Will the company exist in the future to actually pay out on my policy?’. This is much less of a concern with a big name such as Axa who have survived the recent financial turmoil fully intact.

The plan has a number of features. Some of them are listed below:

• You need to survive for 14 days after the illness.
• In case of a terminal illness which may result in death in 12 months you are insured even if the cover is not due yet.
• It also provides for a cover for children which stands independently of your own cover. A number of additional benefits will also be provided to you for free which include free cover, accident hospitalisation cover, major surgery and replacement cover, etc.

Details of the Company

The company is based in London and hold its offices in many cities like Bristol, Tunbridge Wells and Dublin, Ireland. There are about 15,000 employees in its UK offices and a vast customer base of 10 million.

The Group which also comprises of a number of companies like AXA Wealth, AXA Ireland, AXA PPP healthcare along with a business in independent distribution called Bluefin, is a leader in protection for finance. In totality, the Group is spread over in key countries of important continents like Europe, North America and Asia-Pacific.

Together with our operating companies, AXA Wealth, AXA Insurance, AXA PPP healthcare, AXA Ireland and independent distribution business Bluefin, we’re part of the AXA Group, a worldwide leader in financial protection.

The Group employs 216,000 employees and distributors worldwide and has major operations in Europe, North America and the Asia/Pacific area. 96million clients worldwide have placed their trust in the company to insure their property (cars, homes, belongings); provide health and personal protection for their families or employees; and to manage their personal or corporate assets.

History

The history of the company dates back to the 18th Century. Since its inception, it has undergone a series of changes in its business objectives. Presently, it is focussing on three main areas which include:

• Wealth Management
• Healthcare
• Insurance

The company has observed a steady increase in client rate in each and every of its corporate and sales centres across the globe over the years.

Other insurance plans

The company offers a Sunlife direct plan which offers cover for young and old alike including age ranges such as 18-59, 50-75, 50-80 and 50 to 85. This has proved very popular and is marketed extensively on television with celebrities such as Michael Parkinson. It has also chartered into the territories of savings and investment and pensions and has managed to survive the recent financial turmoil without needing help from any Government.

Review of the Company

The reach of the company to its customers is its biggest asset. Today, the company has a wide customer base because of its prompt services. In a newspaper dated 30 November, there is also a mention of the company‘s venture into enhancing the critical illness cover with its latest extension called ‘Care Consultants’. If you have any experience of the company then please take the time to let others know by positing a review on sites such as reviewcentre.