If you were diagnosed with a critical illness, would you like to be in a position to have your mortgage fully paid off or receive a lump sum of money to assist you whilst you recuperate? This could, in turn, ensure you do not lose your home due to financial restraints.
Again, this is another area we would review and ensure that you have the correct cover in place for both you and your family.
Critical Illness policies usually also pay out partial payments for less serious illnesses. If you later meet one of the full critical illness definitions, you will receive the full pay-out on top of the partial payment.
Your monthly premium will usually depend on the amount of cover you have and the term of the cover. Your monthly premium with depend on several factors including your age, the term requested, the sum assured and your medical history. Please contact us and one of our advisers would be happy to discuss this with you.