Critical Illness Cover
Critical Illness cover pays out a lump sum on the diagnosis of a critical illness as defined by the provider. These may include such conditions as a Heart Attack, Stroke or various forms of Cancer.
A critical illness policy pays out a lump sum should you be diagnosed with a serious illness that may prevent you from working. This would ensure that any financial commitments may be able to be repaid or it could help fund the cost of specialist treatment or drugs to help the condition.
For single people with no dependants critical illness cover that pays off the mortgage or at least provides a lump sum could be more important to help you through this difficult period.
It is also advisable if you are part of a couple as it will provide a welcome financial boost at a time of emotional stress and financial hardship. The majority of critical illness providers will also include children’s critical illness cover at no additional cost to provide additional cover for all of the family.
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IMS - Insurance and Mortgage Services Ltd is authorised and regulated by the Financial Conduct Authority. FCA Registration number 300993
Registered Address Applegarth, The Reddings, Cheltenham, GL51 6RL
Registered in England & Wales No: 4496808
The guidance and advice contained within this website is subject to the regulatory regime and is therefore primarily targeted at consumers based in the UK
Your home may be repossessed if you do not keep up repayments on your mortgage