Critical illness insurance provides you with a lump sum of money if you are diagnosed with certain illnesses or disabilities. The kinds of illnesses that are covered are usually long-term and very serious conditions such as a heart attack or stroke, loss of arms or legs, or diseases like cancer, multiple sclerosis or Parkinson’s disease. If you have a mortgage, and your diagnosed with one of these illnesses that are covered by your policy it can make a massive difference to your life style if you have large sum of money to repay all or part of your mortgage. But remember you can use the money in any way you like, you don’t have to spend it on anything in particular. Global Mortgages UK have access to all the main insurers and can advise on the best options to suit your circumstances and budget
Critical Illness can also be provided for your children within your Insurance policy, providing you with a lump sum, should they be diagnosed with a Critical or Serious Illness. The money could be used to allow you to have time off work to look after them, or even to pay for private medical care.
- For a range of illnesses or disabilities
- Your children are also covered within your choice
- Provides you and your loved ones with peace of mind