Critical illness cover

Do you know how your mortgage would be paid if you developed a serious illness?  Critical illness protection can help ease your financial burdens so that you can focus on your recovery.

Many people would do anything to secure their dream home, but far too few consider how they could keep it if circumstances changed. Critical illness insurance can protect both your home and your family.

If you are diagnosed with a critical illness, your critical illness insurance provider will supply you and your family with a tax-free lump sum, provided you meet your insurer’s criteria. In such emotional times, this type of cover can ensure that you are able to fully focus on your recovery and spend time with your family while the financial side of your life is taken care of. This money could be used to make up for a lost income, clear a mortgage, pay for private medical treatment, or be used in any other way suitable to you and your family.

Such types of protection aren’t compulsory for a mortgage, but it’s so important to consider how you will still make your mortgage payments if your income is lost in any way. If you fail to make repayments, your home could be repossessed by your mortgage lender which, in any situation, would be devastating for you and your family. To receive a critical illness insurance payment, your illness will be required to meet criteria put forward by your provider, and most policies put forward a list of around 30-40 critical illnesses. We will work with you to ensure that all of the information in your policy is accurate, so you can receive that financial assistance when you need it most.