Have you considered how you or your family would continue to cover your mortgage repayments if you were suddenly diagnosed with a serious illness and unable to work? There are many ways a payout from an insurance policy like Critical Illness Cover could make life a little easier in those difficult circumstances.
As your Mortgage Adviser, it’s our job to ask the uncomfortable questions to ensure you’re prepared for all of life’s “what ifs”.
What is Critical Illness Cover?
Critical Illness Cover is a type of insurance policy that pays you a one-off, tax-free lump sum if you are diagnosed with a serious illness listed in your policy and survive for a specified period.
Who should consider getting Critical Illness Cover?
It’s really important to consider all forms of mortgage protection if you have children or loved ones who depend on you financially.
If you are the primary or sole earner in your family, and your income is crucial to your family’s financial stability, you lack substantial savings and don’t have employer benefits for long-term illness, Critical Illness Cover might be right cover for you.
How could a Critical Illness Cover payment help?
If you were diagnosed with a serious illness, you might not be able to – or want to – continue to work. A lump sum payout could pay off your mortgage and any other debts allowing you to focus your energy on what really matters.
If you don’t have private health care, your lump sum could pay for private treatment.
Your illness may make it harder to get around your home, so the payout could fund certain adaptations to make life more comfortable for you.
Want to find out more?
A short chat with one of our Protection Advisers can clarify how your mortgage payments could be covered should the unthinkable happen. This conversation is free with no obligation to proceed; we can talk you through your options and empower you with clarity and confidence.
Having the right cover in place offers real peace of mind.
As with all insurance policies, conditions and exclusions will apply.
When was the last time you thought about how you or your family would pay your mortgage repayments if something happened to you,
your income, or your lifestyle changed dramatically?
Products such as Life Insurance, Income Protection and Critical Illness Cover can provide peace of mind that your
mortgage payments are covered should your circumstances drastically change.
As your Mortgage Adviser, it’s our job to ask the uncomfortable questions to ensure you’re prepared for all of life’s “what ifs”.
A policy that pays off your mortgage in a one-off, tax-free lump sum if you or your partner pass away during the term.
A policy that pays off your mortgage with a one-off, tax-free lump sum if you are diagnosed with a critical illness during the term.
A policy that replaces up to 75% of your gross earnings in the form of regular, tax-free payments if illness or injury prevents you from working.
A short chat with one of our Protection Advisers can clarify how your mortgage payments could be covered should the unthinkable happen.
This conversation is free with no obligation to proceed; we will go over your options and empower you with clarity and confidence.
Having the right cover in place offers real peace of mind.
As with all insurance policies, conditions and exclusions will apply.
Arrange your protection review today:
