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Guidance, FAQs, Ask us and Glossary
This section of our site contains help and guidance relating to the various online services and insurance information offered by howmuchcover.
If you come across a word or phrase you are unfamiliar with then try looking it up in the glossary. If there's a specific question you want answered then please browse the relevant FAQ section.
If you can't find the answer to your question let us know and we'll do all we can to help.
Life Cover
Q:
What is Life Cover?
A:
Life Insurance helps you provide financial security for your loved ones if you die during the course of the policy.
Q:
Do I need Life Cover?
A:
If you have a family or partner that are financially dependent on you then Life Insurance will provide security for your loved ones.
Q:
I am single, do I require Life Insurance?
A:
If you have no financial dependents, then you do not require life cover. However, you should consider what would happen if you became critically ill and could no longer work, or if you had an accident and could not work for a period of time. Who will give you financial security? Please see Critical Illness Cover and Income Protection.
Q:
How much does it cost?
A:
Life Insurance can cost as little as £5 per month. Get a personalised quote and you see what great value howmuchcover's Life Insurance is.
Q:
Why should I choose howmuchcover?
A:
If you are aware of what life cover you require and over what period then you can quickly access our quoting system and apply online. Alternatively you can access our comprehensive howmuchcover calculator that can calculate your requirements. We then search the financial market for the most suitable life insurance for you. We will then discount the policy's monthly premium to ensure that you get great value. We appreciate your time and therefore our website is designed to make your application a quick and easy experience. You can track the progress of your application at anytime by using your customer username and password.
Q:
I am unsure of how much Life Insurance I need?
A:
Howmuchcover has a comprehensive calculator that will help you work out your required level of Life Insurance (click here for calculator) and from there you can get your instant online quotation.
Q:
What is waiver of premium?
A:
Waiver of premium provides a means of insuring your life insurance monthly premiums. In the event that you are unable to work due to ill health, payments are made to enable you to continue with your Life Insurance policy until you return to work, or until the policy term or a specified age.
Q:
What if I am terminally ill?
A:
Life Insurance will normally pay out when the policy holder dies. However, some insurers will pay out if you are terminally ill.
Critical Illness
Q:
Why should I choose howmuchcover?
A:
If you are aware of what critical illness cover you require and over what period then you can quickly access our quoting system and apply online. Alternatively you can access our comprehensive howmuchcover calculator that can calculate your requirements. We then search the financial market for the most suitable critical illness cover for you. We will then discount the policy's monthly premium to ensure that you get great value. We appreciate your time and therefore our website is designed to make your application a quick and easy experience. You can track the progress of your application at anytime by using your customer username and password.
Q:
What is Critical Illness cover?
A:
Critical Illness cover is an insurance plan that pays out a guaranteed cash sum if you are diagnosed with a specified illness, within the term of the plan. Once the plan term ends, there is no cash-in value.
Q:
Do I need a Critical Illness plan?
A:
Should you suffer from a critical illness you should not have to worry about your financial circumstances. Advances in medical science means that the chances of surviving a critical illness are improving all the time. A cash sum of money may help you through a recovery period. You may have to reduce your working hours, adapt your home, pay for medical expenses or pay off debts like mortgages. A critical Illness plan could help you with all of this and much more.
Q:
I am single, do I require Critical Illness Cover?
A:
Should you suffer from a critical illness, you may not be able to work as before, or you may be required to pay expensive medical bills or pay off debts like your mortgage, therefore a cash sum paid by a critical illness plan would be of great benefit to you whether you have dependents or not.
Q:
How much does this plan cost?
A:
Get a personalised quote and you can see what great value howmuchcover can provide you with your Critical Illness Plan.
Q:
I am unsure of how much Critical Illness cover I need?
A:
Howmuchcover has a comprehensive calculator to help you to calculate the required sum of critical illness you require (click here) and from there you can obtain an instant online quotation.
Q:
When will my Critical Illness Plan pay out?
A:
A guaranteed cash sum will pay out upon diagnosis of a critical illness within the plan term.
Health Insurance
Q:
What is Permanent Health Insurance?
A:
This is a plan that provides a replacement income in the event you are unable to work as a result of an injury or sickness.
Q:
Do I need Permanent Health Insurance?
A:
This provides peace of mind should you have an accident or are ill and unable to work for a period of time, then a specified sum will be paid to you on a monthly basis until you return to work, or reach the end of the policy term (normally retirement age).
Q:
How much does it cost?
A:
Get your personalised quote now for a great value howmuchcover quote.
Q:
I am unsure how much PHI I need?
A:
Howmuchcover has a comprehensive calculator to help you to calculate the required sum of critical illness you require (click here) and from there you can obtain an instant online quotation.
Q:
When will my PHI pay out?
A:
The plan will pay out after a period of time, this is called a deferred period. You are usually able to select the deferred period for example 4 weeks, 13 weeks, 26 weeks or 52 weeks.
Q:
Why should I choose howmuchcover?
A:
If you are aware of what life cover you require and over what period then you can quickly access our quoting system and apply online. Alternatively you can access our comprehensive howmuchcover calculator that can calculate your requirements. We then search the financial market for the most suitable health insurance for you. We will then discount the policy's monthly premium to ensure that you get great value. We appreciate your time and therefore our website is designed to make your application a quick and easy experience. You can track the progress of your application at anytime by using your customer user id and password.
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