What is Critical Illness Insurance?
This type of insurance pays you a lump sum (i.e. a once off) if you get one of a limited number of illnesses.
If you get a payment you can do what you like with the money.
However, there’s a major problem if you get a critical illness which is not one of those covered…
Critical Illness polices may be demanded and even useful to provide cover for “business protection“.
But if you want illness cover we’d suggest Permanent Health Insurance is a better bet.
Now that you've read this are you interested in talking to a mortgage adviser? Fill out the quick form below and you'll be contacted soon by an independent, regulated mortgage specialist for a free no obligation quote.
and £15,000 on your Mortgage
Get a custom rate and see how much you will save
by filling out the quick form below.