Critical Illness cover can also be
combined with this plan, please see below for details of this
Critical Illness cover can also be combined with this plan, please see below for details of this cover.
Critical Illness cover will pay you a lump sum should you be diagnosed with any one of a wide range of critical illnesses, the main three being Cancer, Stroke, Heart Attack. If you were to suffer from one of these critical illnesses, chances are, if you do not die you will be unable to work and enjoy the same kind of income, your existing commitments, however, will still have to be met. Any other life cover you have in place without this protection would only pay out if you were to die.
Mortgage/Decreasing Critical Illness cover - with this type of cover the sum assured will decrease roughly in line with the outstanding amount on your repayment mortgage.