Looking after your family for the future
While you don’t need to take out critical illness cover at the same time as organising your mortgage, our experienced team here at Mortgage Pod have access to various insurers. They can help you create the perfect package for your family and needs.
When it comes to our health, none of us likes to think about a time when we may be unwell but planning and thinking about how your health may impact your financial security when you’re well can save you from a wealth of stress during an already tense time.
Choosing critical illness cover guarantees that your family, home, and yourself are safe and secure, no matter what.
Here at The Mortgage Pod, our expert team will help you to secure the best critical illness cover for your needs.
Peace of mind for every scenario
Opting for critical illness cover can provide you and your family the financial security you need whilst you’re unable to work due to poor health.
Nobody likes to think about getting older or becoming unwell, but here at The Mortgage Pod, our experienced team are incredibly professional and sensitive when it comes to these difficult but necessary conversations. They’ll put you at ease and ensure you have the perfect cover for your situation.
Critical illness cover organised by your professional mortgage broker
Whether you’re a first-time buyer or looking to move up the ladder, ensuring future financial stability if you become unwell and unable to work can provide substantial relief later down the line. The Mortgage Pod is here to ensure you have the best quality critical illness cover for your circumstances.
What else do you need to know?
What is critical illness cover?
Critical illness cover is insurance specifically designed to pay out a lump sum if you’re diagnosed with life-threatening illnesses. If you should become unwell, once you have a diagnosis, a critical illness policy would pay out a tax-free sum of money.
It’s essential to remember that different policies will have different lists of serious health conditions they will cover. By securing a critical illness policy while taking out your mortgage, your mortgage broker can alleviate the stress of finding a policy that covers any conditions you may be concerned about—offering total peace of mind that you’re covered!
Is it worth having critical illness cover?
Many of us don’t like to think about the future or becoming unwell, especially at such an exciting time of buying a new home. However, if a life-threatening illness impacted your health or you had a life-altering experience such as a stroke or heart attack, the stress of covering your mortgage and bills can be alleviated by planning for the future.
Plus, if you’re self-employed, you might find yourself immediately without income as you undergo tests, treatment, and time to rest. This is where critical illness cover can provide stress relief.
Is there a certain criteria for critical illness coverage?
No, although when you enquire about a critical illness policy, you’ll likely need to fill out a questionnaire relating to your current health and direct relatives. In some cases, you may be required to have a medical exam before the policy can be issued, but this isn’t always the way.