Tell us a little more about your mortgage and insurance needs and get a quote.

Critical illness pays out a tax free lump sum upon diagnosis of a pre-determined critical illness. The illness must be a specified medical condition and covers such conditions as cancer, heart disease, brain tumor and many more.

Whereas a life policy alone will cover your mortgage and provide protection for your family should you die, a critical illness policy aims to provide you with the same protection but will pay out upon diagnosis of a critical illness rather than death.

Lets take the example of someone who suffers from a heart attack. Not a nice thought but imagine the possible consequences they may face; being rushed to hospital and staying there for a couple of weeks to recuperate, once out of hospital your employer will more than likely sign you off for a few weeks or more. If critical illness cover was in place the life insurance company would pay out the whole benefit as a tax free lump sum which can then be used to pay off the mortgage. So even though in this example the person will probably return to work they will no longer have the burden of a mortgage payment. In other instances a person may not be able to return to work after diagnosis of a critical illness but at least they will no longer have the burden of the mortgage.