Let’s Get That
Critical illnesses that might be covered include:
Policies may cover strokes, heart attacks, certain types and stages of cancer and other conditions such as multiple sclerosis.
Most policies will also consider permanent disabilities as a result of injury or illness. It only pays out once and then the policy ends. Some policies will make a smaller payment for less severe conditions, or if one of your children has one of the specified conditions.
What isn’t covered with Critical Illness Cover?
Some serious illnesses might not be covered, for example, some cancers and conditions not listed in the policy. You probably won’t be covered for health problems you knew you had before you took out the insurance, and this type of insurance doesn’t payout if you die. What’s covered and what’s not, will be set out in the policy details so make sure you’re fully aware of them and that they cover your needs.
Critical illness cover Sutton Coldfield
Critical Illness Cover can come at a very good value. The Mortgage Mom has access to a large panel of protection providers so can ensure the right solution can be found for you without you having to lift a finger!Make An Appointment
Frequently Asked Questions
You might not need Critical Illness cover if:
You have enough savings to fall back on and can cover expenses such as bills, loans, medical costs or a mortgage. You have a partner who can cover living costs and any shared commitments, such as a mortgage. You already have some cover included as part of your employer’s employee benefits scheme.
Your monthly payments will depend on a number of factors, including:
- Your age
- The amount of cover you take out
- Whether you smoke or have previously smoked
- Your health (your current health, your weight, your family medical history)
- Your job (some occupations carry a higher risk than others and might mean you have to pay more each month.
Anything could happen to any of us, at any time.
Critical illness cover is a long-term insurance policy which covers serious illnesses listed within a policy. If you get one of these illnesses, a critical illness policy will pay out a tax-free, one-off payment. This can help pay for your mortgage, rent, debts, or alterations to your home, such as wheelchair access, should you need it.
Whether it’s paying for treatment or helping to cover your salary while you get better, a Critical Illness Plan could make a big difference if you’re diagnosed with a life-changing illness. At The Mortgage Mom we have access to a large panel of reputable providers that cover a wide range of illnesses.
Be aware that not all conditions are covered. The policy will also state how serious the condition must be. Further, don’t confuse critical illness cover with life insurance, although they are sometimes sold together.
There is a wide range of providers and through our network and experience, we have been able to help people who have previously suffered from a critical condition get cover.