Early-stage breast cancer patients can claim up to £50,000 under critical illness policies
Patients diagnosed with early-stage breast cancer or DCIS may receive an extra lump-sum payment of up to £50,000 if they hold critical illness cover, according to new research.
A study funded by Check Financial found that critical illness insurance can deliver an extra payment of up to £50,000 for individuals diagnosed with early-stage breast cancer or ductal carcinoma in situ (DCIS). The amount represents between 25% and 50% of a typical £100,000 policy, with providers such as Zurich Personal Protection and Guardian offering the maximum caps of £50,000, while Aviva and Legal & General cap the benefit at £25,000.
Oliver Jordan of Check Financial stressed that policyholders should ensure they claim these additional payouts, as they leave the overall sum assured untouched and allow a full claim later if the condition progresses. Industry voices including Michelle Lawson and Scott Gallacher pointed out that newer policies are more comprehensive than older ones, which often excluded carcinoma in situ, making periodic reviews essential.
Harvey Dhillon warned recipients to manage the lump sum prudently to cover lost income and treatment-related expenses. Overall, the findings highlight a financial safety net for early-stage cancer patients through critical illness cover.
Why it matters
It reveals how critical illness insurance can substantially offset costs for early-stage cancer diagnoses.
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