Critical Illness Cover Calculator

Estimate how much critical illness cover you need and see how your policy payout changes over time. Work out your coverage needs, then explore projections for different policy types.

Coverage Calculator

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Coverage Calculator

Calculate your recommended coverage

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What do you need to cover?

Select what applies - or skip to enter your own amount.

Replace Income Cover lost earnings during recovery Clear Mortgage Pay off your outstanding mortgage Clear Other Debts Pay off loans, credit cards, etc. Adaptations & Medical Home modifications or private treatment costs

Annual Income

Years of Support

years

Outstanding Mortgage

Other Debts

One-off Costs

I'll enter my own amount

Payout Calculator

Coverage Amount*

Policy Length

years

Coverage Type

Level Cover Payout stays the same throughout the policy Decreasing Cover (Mortgage-Linked) Payout reduces each year, designed to follow a repayment mortgage Increasing Cover (Inflation-Linked) Payout grows each year to keep pace with inflation

Default decrease rate

Cover decreases by 7% per year, or

Annual Decrease Rate

Default increase rate

Cover increases by 3% per year, or

Annual Increase Rate

Your policy:

Critical illness cover pays a one-time, tax-free lump sum if you're diagnosed with a serious condition listed in your policy. The policy typically ends after a successful claim.

Coverage Calculator: We use a modified DIME method to estimate your needs. D = Debts (non-mortgage), I = Income replacement (annual salary x years of support), M = Mortgage (outstanding balance), A = Adaptations and medical costs. These are added together to suggest a total coverage amount.

Level Cover: The payout stays the same throughout the policy. If you claim in year 1 or year 20, the same amount is paid out.

Decreasing Cover: The payout reduces each year by a set percentage. Designed to follow a repayment mortgage as the outstanding debt falls over time. Usually the cheapest option.

Increasing Cover: The payout grows each year, typically to keep pace with inflation. Premiums are usually higher, but your cover maintains its real value.

These figures are illustrative only. Actual policy terms, premiums, and payouts will depend on your age, health, and the specific insurer. CIC typically pays out once - the policy ends after a full claim.

Looking for the right critical illness cover?

An adviser can help you find the most suitable and affordable critical illness cover for your needs, whether standalone or combined with life insurance.

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Critical Illness Cover Calculator

Critical Illness Cover Calculator

Looking for the right critical illness cover?

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