CIS Critical Illness Insurance. Fact! If you don't compare critical illness cover quotes you will not get the best deal. Save £1000's.
CIS Critical Illness insurance covers and pays for the medical expenses incurred on any of the specified critical illness subjected to certain condition.
CIS is the former name of Co-operative Insurance and they offer some of the very best protection insurance products including critical illness cover. You can compare the different plans available by completing the form on the right. We search all available plans so you get the best deal and save time.
It includes that the insured person should have developed critical illness during the active policy period and should have survived for minimum of 28 days after diagnosis for such illness. The lump sum amount paid towards illness does not incur tax. It doesn’t replace the regular or major income, rather it can be considered as an additional lump sum income that can be used to clear any debts.
About CIS Critical Illness Insurance
CIS refers to Co-Operative Insurance Society is one of the leading insurance companies in UK serving different types of insurance plans ranging from a standard life insurance to home insurance, corporate insurance, etc. CIS is a part of the CFS, Co-operative Financial Services, the leading and the largest consumer financial service company in UK.
Types of life insurance policies
CIS offers three different types of life insurance policies as under:
Life insurance plan:
It is always better to save something for the family before the worst thing happen. CIS life insurance plan never make the insurer’s family to worry about the financial needs. It helps the family to get over from the financial crisis. Term life insurance, whole life insurance, and decreasing term life insurance are the three types of policies covered under this plan.
Critical Illness cover:
CIS Critical illness cover pays for a specific list of critical illness developed by the insurer, where the insurer continued to survive after 28 days of diagnosis of appropriate illness. Lump sum payment offered by the CIS critical illness cover can be used for several purposes and there is statutory obligation to use the pay for medical expenses. It can be used to pay the medical expenses, repay outstanding loan, recover the property from mortgage, personal financial needs until the recovery to compensate the loss of regular or major part of income, etc.
Funeral Plan:
CIS funeral plan helps the family members not to worry about the funeral plans and cost of funeral expenses. Funeral cost of the deceased insurer is paid to the family members. Personalised funeral plans are offered for the customers.
Rival Companies
Like any other insurance companies in the globe, CIS has contenders like Royal London group, Phoenix insurance, Fortis life insurance, etc.
Review of CIS Critical Illness Insurance
CIS critical illness cover has 3/5 rating at reviewcentre.com. You can get the benefits from affording to illness cover which helps you to recover from the financial burden with respect to cost of medications and other financial needs. You can find the reviews about the product posted by several users in the website of the company.
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