020 8652 5240 info@mbassociates.net

CRITICAL ILLNESS COVER

Critical Illness cover is a policy designed to pay out a tax-free lump sum to the policyholder if they are diagnosed with a specified ‘critical’ illness, for example cancer, a heart attack or Parkinson’s Disease.

Whilst it’s entirely possible to make a recovery from a serious illness, inevitably this will entail time off of work for perhaps a long period, which can lead to a significant drop in income together with the potential stress of financial hardship at an already traumatic time. Our advisers can help to find the right Critical Illness Cover policy for you, meaning that your mortgage could be paid off should the unexpected happen.

For more information and to chat through Critical Illness Cover options with our expert team of advisers, please either give us a call on 020 8652 5240 or click here to send us an email.

For insurance business we offer products from a choice of insurers.

You may have to pay an early repayment charge to your existing lender if you remortgage.

There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.

Your home may be repossessed if you do not keep up repayments on your mortgage.

A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.