The Zohan

+1

jonc

If you think it's inappropriate, you've made your point! You're posts aren't exactly helpful, so unless you have something constructive to add to the a very sensitive situation, I'd advise against posting to avoid offending more people. The OP is looking for advice not criticism. Your financial situation isn't exactly unique! Perhaps had taken out redundancy insurance, the welfare of you and your family would have been in a better state instead of being another sob story amongst the countless thousands going through the same situation in these tough economic times.

All the same I hope it all goes well for you RRH. Go over your CIC policy with a fine tooth comb to see what is and what isn't covered in your policy.

prodriverules

iTrader: (52)

I think it would be wise for people to take astep back of this post as how in the hell do you think this is helping the poor man with his circumstances,as mentioned he asked for advice nothing more.

Terminator X

iTrader: (7)

Hope your wife gets better soon fella.

CIC is a waste of time IMHO, doesn't cover much & they'll move mountains to avoid you being able to claim if you need to. I'm aware of no one who's succesfully claimed ...

Better to self insure (put money aside & invest it yourself) or get "unable to work" cover if you need some peace of mind.

I'm no fan of insurance & have almost no cover ...

TX.

EddScott

Whereas we've never had a claim refused. I may be wrong but I personally believe it makes a difference if the insurance has been purchased off the shelf and the subsequent claim is handled by the individual rather than a financial adviser. People think they are saving money by avoiding the money grabbing IFA by going through the local supermarket but you'll find that the price is highly unlikely to be cheaper and you have no one to help you if you need a make a claim.

Lee247

RRH, all the best to your wife. Hope she has a speedy recovery

Can't comment on the CIC, I dumped ours. Got some great advice from people on here and made the decision.
I now have income protection which covers my needs.

fast bloke

It depends on the wording in your policy, but any decent policy I have ever seen with a decent insurer (including Nat West) would pay out in these circumstances. The main reason for non payment of critical illness claims are tha the illness isn't covered by the policy (I've been sued by someone who tried to claim that their broken ankle was a critical illness...... if it isn't on the list, it isn't covered) and for non disclosure at the time of application... for example, if your wife forgot to mention on the application that her mother and 3 sisters all suffered from breast cancer before the application was made. (If they all suffered after, it won't matter, as that couldn't have been know at the time of application.) So I would guess that if she has been 100% open about her medical history at the time of application, the claim should be awarded. Fingers crossed that it all goes to plan on both fronts

fast bloke

Your experience of this is what exactly? I explain to my clients about non disclosure, and explain about what is and isn't covered. So far, every claim has been sucessful.JayTC2003 - I think you might have your wires crossed about CIC and TIC. CIC will pay out on diagnosis of one of a specific list of illnesses, of specified severity, even if you are expected to live and make a full recovery. TIC will only pay out if the doctor gives you less than a year. If you bought your insurance without advice, then you probably saved a pound or two, but you don't know what you have, why you have it or when it might pay out. If you bought it with advice, and you still don't know, then maybe it is time to get some proper advice.Slipstream, prostate cancer has been excluded as a critical illness by a number of insurers over about the past 12 years. Most insureres now only cover it if it leads to secondaries. Again the policy wording should be clear

fast bloke

They are two different things that two different jobs. Ideally you should have a bit of each, rather than all of one or all of the other. Your IPB will only pay out as long as the doctor says you are unfit to work and the insurer agrees. If your recovery is taking too long, the insurer will start getting snippy and send you for a functional assesment test. If you pass it (which is basically, cant you walk 100 meters, dress yourself and answer the phone) they will stop paying. They don't have this choice with CIC. However, IPB will initially pay out for bad backs, broken ankles, depression etc etc, so splitting the cover is usually a much better idea

RRH

Thanks for the constructive advice.

I have a young family to support, and suspect that it may be difficult to work and run the home at the same time for the next few months.

Whether you feel my post is inappropriate or not is your concern; I merely asked for advice on CIC. Maybe I shouldn't have mentioned the circumstances.

However, on this occasion, I'm not really in the mood to fight back.

chocolate_o_brian

iTrader: (22)

Best of luck fella - that's all I'm gonna say.

Dingdongler

Must say Jay's comments beggar belief!

Not many people rub their hands with glee because they think they'll get a few quid when their wife is diagnosed with cancer. There will however be additional costs due to the illness ie lack of income, increased childcare, even hospital parking can cost a fortune.

This is the reason people take these sorts of insurances out. I have one on my name (but not on my wife's)

I made sure (I hope) that it was a very good one and covered loads of things that are not terminal including heart attack, stroke, many cancers, even HIV (occupational hazard for me btw, before you ask)

To the OP, I hope your wife is ok and the insurance pays out if you are entitled

fast bloke

Most people don't appreciate the fallout from this nightmare until it happens. If Nat West start pi55ing about and you need to fight back, PM me and I will try to have the fight on your behalf. No harm in copying EddScott. He sounds like he might add some firepower

RRH

The kindness shown by some scoobynet members renders me speechless. Thank you, from the bottom of my heart.

prodriverules

iTrader: (52)

no worries old mate dont think bad of posting about it as most of us care alot,all the best and good luck

Lee247

You know what is sad. These insurance companies are supposed to give you peace of mind when a loved one is ill. More often than not, it just causes more stress.

Again, please give my best to your wife for a speedy recovery. I also hope for a trouble free sort out with the insurance.

Take care and vent all you like, that is what we are here for

LS55 REP

Most insurances pay out for invasive tumours, whether they are terminal or not.
It is worth chasing the insurance company regularly - they will be in no hurry and also get your your GP on board, as they can delay the claim significantly just for the sake of filling in a form.
All the best to you and your wife at this difficult time.

fast bloke

Do you base this on personal experience or something you read in the Daily Bollox?

Lee247

A close friends experience, who is no longer with us

fast bloke

So you have a 100% record of 1 case? I have had 32 claims, with 100% record of successful claims (on life and CIC.) If you go through a broker and the insurer is taking the p1ss, any decent broker will fight tooth and nail to get your claim paid if it is justified. There is no way on this planet that i could recommend something to a client if I thought they would be pissing the premiums away on an insurer wriggle out. I suppose that is the benefit of going down the advised route instead of the internet cheapo purchase route

Lee247

100% record, no. Just an ear when she needed it. That is as far as I will discuss it. Her family are fine, that is all that matters
Based on what you said before. I am going to look at CIC as well as the ICP I have already decided on. Thanks for that
I feel the CIC we had before was no good, so got rid. If I need help I will pm, if that is ok, thanks

fast bloke

They still need a few visitors and a shoulder. I love succesful CIC claims when the claimant is expected to make a full recovery. The insurer gets me to deliver the cheque. On the flip side, I still deliver the cheque when someone dies. Inside, it feels like you did what was needed, gave good advice and made sure that the family won't suffer financial stress. In reality, the family (and I) would rather have the person than the money. More often than not, this is someone you had a laugh with, they made you a cup of tea, you discussed family and aspirations. Now all the aspirations are covered, but you won't ever have a cup of tea or a bit of craic just like you once did, and while a cheque for half a million quid looks nice, it will only cover the bills, but for the kids, it won't ever give them a cuddle.So regardless of insurances and finances, make sure you are there with a shoulder to cry on or a hug when they need it. From what I know of you, you are probably there already, but you should know how much it really helps

Lisawrx

iTrader: (1)

This is when SN can really come through. Full of bitching at times but generally there are a good bunch of people about to offer support and advice when it comes down to it.

I'm sorry that I was no help and got caught up in a bit of an arguement, that wouldn't help you.

The only thing I can say is I wish you both the best of luck through this and send my love. Also I hope if you claim, they don't mess you about, you guys don't need that.

Lee247

Totally agree with you there, FB

hail-hail

My mate was diagnosed with testicular cancer last year, 30 years to the day his dad died of it. And then very next day his wife miscarried their first preganacy, so not the best week.

However, after the initial shock I mentioned to him that he should look into CIC. Turns out he had it included in his life insurance/mortgage.
Once treatment started and things calmed down a bit, he filled out the paper work and got a 120k+ cheque throught the post.

He had a nut off, but is 100% clear now and recently celebrated the birth of their first child. They have also recently moved into their ideal house, essentially mortgage free.

Knowing that they were going to be financially fine wasn't the most important thing, but definaltley helped them through some very hard times.

Hope it works out well for you and your wife, both physically and financially.