A recent survey concluded than less than 5% of mortgage holders have any critical illness cover in place to cover their mortgage in the event of serious illness or injury (based on survey of 816 participants).
Life and Critical Illness cover provides a lump sum or monthly benefit in case of the death or critical illness of the policy holder, enabling the remaining members of the family to be able to continue the same standard of living.
The four conditions that have the highest amount of claims with insurers are cancer, heart attacks, multiple sclerosis and strokes.
To discuss insurance policies to protect your family financially from your long-term ill health or your death or to cover your financial commitments in the event of death or earlier Critical Illness, please contact us and will be happy to discuss your requirements further.