Life and Critical FAQ’s
Find the most commonly asked questions about our Life and Critical Illness Insurance policy here.
Get in touch if you can’t find the answer to your question.
Am I eligible for the policy?
Why do I need critical illness as well as life insurance?
What are the critical Illnesses specified in this policy?
Does Life and Critical Illness cover mean that the policy will pay out twice?
Yes, it can do, we have designed it to be flexible, and to suit your needs. When you choose your policy, the life sum assured is the maximum amount you can claim over time. So, if you are critically ill, you can take up to half of this, or if you are not critically ill or you choose to leave it, then you can claim it all at once as a death benefit. So, depending on your situation you can either claim once or twice.
Are pre-existing medical conditions covered?
Can my policy be arranged into trust?
Do I have to claim on a critical illness to receive the full amount?
Can I cancel my policy if I no longer need it?
What happens if I miss a payment?
Why does ESMI not require you to answer medical questions or take a medical exam?
At ESMI, we firmly believe that it is wrong to either; deny a person’s application, or charge them a higher premium, just because of their lifestyle or occupation. We offer the same premium’s to all customers within the same age bracket. The only thing which will affect your premium is whether or not you smoke.
Can I claim on the critical illness benefit more than once?
No, you can only claim once for critical illness. In the event of Critical Illness, you can claim a payout during the life of the policy. The Critical Illness lump sum will be deducted from the Life sum assured and the remaining sum assured will be paid out to you in the event of your death during the lifetime of the policy.