Insurers offer a wide range of critical illness definitions that the life assured’s children can claim on if diagnosed with and the definition criteria is met. Most of these definitions are based on the adult wordings, however some insurer also offer child specific definitions.
It is extremely difficult for advisers to understand which conditions children are more likely to suffer from and at what age or which insurers definitions are more comprehensive.
To further complicate matters the child specific conditions can be split in 2 types, congenital and childhood. Congenital conditions are diagnosed at birth or during pregnancy and childhood conditions can be diagnosed from 0 onwards.
Where clients are not expecting to have any more children in the future, the congenital CI conditions are not relevant as opposed to clients that do intend to have children in the future.