Top 6 Common Misconceptions About Critical Illness Cover

Many people are unaware of the benefits that critical illness life insurance can offer, and this probably explains why a lot of misconceptions about these policies persist. In this article, we will discuss a few of the more common misconceptions about critical illness life insurance so you can be sure to ask the right questions when shopping for coverage.

We hope this helps to dispel some of the myths and put your mind at ease before making a decision about whether or not to purchase a policy.

Let’s dive in!

I cannot qualify for critical illness insurance if I have pre-existing medical conditions

Pre-existing medical conditions can often disqualify someone from being approved for a critical illness insurance policy, but there are certain exceptions. If you have diabetes, cancer, or congestive heart failure, you may be able to qualify if the condition is not caused by a pre-existing condition.

To find out if you qualify, your agent will need to review your medical history and determine if the condition is related to an underlying illness.

I don't need critical illness life insurance because I have a health insurance plan

This is not true! Even if you have an existing health insurance plan, you may still need critical illness life insurance to cover any unexpected illnesses or hospitalizations that might lead to a critical condition.

Health coverage can be sporadic and change from month-to-month or even year-to-year, so make sure you have the appropriate protection in place in case of an unexpected medical emergency.

Coverage is automatically activated when someone becomes critically ill

When someone becomes critically ill, many people mistakenly believe that their critical illness life insurance policy automatically kicks in. Unfortunately, this is not always the case.

In most cases, critical illness life insurance policies require a formal declaration by a doctor to activate coverage. This means that not everyone who becomes seriously ill will be covered under their policy.

So, do I need early critical illness insurance?

Sure! If you have any chronic health conditions, we highly recommend that you consider getting early critical illness insurance. This type of policy can cover your medical expenses if you become ill or injured before your regular coverage kicks in. Besides, it can help to cover your medical expenses while you're still in the early stages of your illness.

Coverage typically starts the day your condition is diagnosed and can continue for up to 60 days. Of course, there are some important things to keep in mind when purchasing early critical illness insurance.

For starters, to be sure you're getting the type of policy best suited for your needs, first speak with a qualified insurance agent. Also, always remember that no policy is worth anything if it doesn't protect you financially in the event of an illness or injury. So ensure that you read the fine print carefully!

I don't need critical illness life insurance because my employer provides health benefits

Even if your employer offers health benefits, you may still need critical illness life insurance in case of an unexpected medical emergency that requires hospitalization or surgery. This kind of coverage typically pays for necessary medical expenses, including postsurgical care and long term rehabilitation services.

I don't need critical illness life insurance because my spouse has comprehensive health insurance coverage

Even if both spouses are covered under their employers' group health plans, they may not have any form of individual income protection in case of an unexpected medical expense that exceeds their spouse's liabilities under the group policy. This is where critical illness coverage comes in to help protect each spouse's family finances in the event of a serious illness or injury.

The policy won’t pay out if I’m in a coma or death

The vast majority of life insurance policies provide benefits regardless of the condition of an individual at the time of policy termination. This means that if you are in a coma or deceased, your proceeds would still be paid out according to your policy terms and conditions.

Even so, it’s important to read your policy documents carefully to understand all benefits that may be available to you in such circumstances.


Many people feel apprehensive about taking out critical illness life insurance, thinking that they won't need it or that the premiums are too high. We hope that our article has helped to dispel some of the misconceptions you might have had about this policy.

By knowing the ins and outs of these policies, you can make an informed decision about whether or not to buy one for yourself or a loved one. Good luck!