Insurance & Mortgages NI

Critical Illness

Critical Illness Cover pays a tax-free lump sum on the diagnosis of any of the serious illnesses specified in the policy. The benefit does not have to be repaid, however, it can only be paid once, after which the policy is cancelled.

It is also possible to arrange a combined Life Assurance policy with Critical Illness cover. This policy will pay out either when the policyholder becomes critically ill or when they pass away. (Whatever happens first).

The benefit received can be used to repay all or part of a remaining mortgage or it can be used to replace lost income as a result of sickness.

We believe that Critical Illness is a vital product that should be considered by all home owners. With this policy in place, if you are ever diagnosed with a critical illness, you can focus on getting back to full health without having to worry about your finances and meeting your mortgage repayments

Insurance & Mortgages NI