The importance of life & critical illness insurance cover for mortgage-holders.
When you take out a mortgage, the last thing you want is to experience financial stress because you don’t have the right life and critical illness cover.
Statistics point to 1 in 5 of us experiencing a critical illness in our lifetime. Consequently, our level of income could be impacted by these health problems. Even a short-term interruption in your ability to work could have serious financial repercussions for your family. Having the right life and critical illness cover avoids them facing mounting debts due to unmet mortgage repayments.
Life and critical illness protection plans offer:
- protection for you and your family from financial stress
- a lump sum payment that covers your mortgage
- time to fully recover without worry
The survival rates of illnesses such as cancer, strokes and heart attacks are very high, but recovery can take months. Therefore, it is extremely important to carry out a review of your circumstances to make certain you and your family are adequately protected should the unthinkable happen. Planning now for the possibility of not being able to pay your mortgage due to ill-health gives you peace of mind.
Here at Deal Direct, we are committed to serving your best interests. Our advisers can offer to fully review your current situation and source a life and critical illness policy that can be tailored to suit your needs.
Avoid the prospect of financial hardship due to ill-health, and protect your ability to meet your mortgage repayments with a life and critical illness protection policy.
Contact Deal Direct today for further details on 0800 048 8828.
