The impact of a critical illness can be far-reaching, affecting not only your life but also your family’s. Financially, you may struggle to support them while you recover. Having insurance in place can ease this burden, ensuring that paying bills is one less thing to worry about during a challenging time.
Critical illnesses such as cancer, strokes, and heart attacks are covered under these policies, providing you with a lump sum payment to support you and your family during your recovery. This type of cover is ideal if your family depends on your income, helping them manage essential expenses such as bills, mortgage payments, and childcare when your usual income is unavailable.
It’s important to note that these plans do not have a cash-in value at any point and will end when the policy term concludes. If premiums are not kept up to date, the coverage will lapse.
WHY GET THIS INSURANCE?
Critical illness insurance covers a wide range of conditions offering you and your family the financial security you need during difficult times. These plans can help with mortgage payments, fund private treatment, or allow you to reduce your working hours, putting you in a stronger financial position. If these benefits align with your needs, this coverage may be worth considering.
Please note: Critical illness plans may not cover all definitions of a critical illness. Coverage varies between providers and will be detailed in the key features and policy documents provided with your plan.
These policies have no cash-in value at any time and will end when the term concludes. If premiums are not kept up to date, the coverage will lapse.
Many of the policies we offer advice on coverage for your children if they are diagnosed with a critical illness. Making a claim for your child does not affect your own coverage, and your policy remains intact with the same benefits as before. The lump sum provided in the event of your child’s critical illness can help cover additional expenses, such as medical equipment, time off work, or the increased costs of caring for them during their recovery.
We’re more than happy to come out and see you, at a time that suits. Evenings & weekends too, if needed!
Based in Thornton Cleveleys, Lancashire, and helping clients across Lancashire and the UK.
Mortgages by Louise & Associates provides expert mortgage, protection and insurance advice. Mortgages by Louise & Associates is a trading name of Just Mortgages Direct Limited and Mortgages by Louise & Associates is the name under which we carry out these services.
Mortgages by Louise & Associates is not a business in its own right, it is part of Just Mortgages Direct Limited, which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited. Just Mortgages Direct Limited was set up in 1989 and has been part of The Openwork Partnership since 2016.
The Openwork Partnership is one of the UK’s largest Financial Advice networks, with over 4,500 advisers and in excess of 700 appointed representatives based throughout the UK.
Our advisers at Mortgages by Louise & Associates will get to know your individual circumstances, establish what your goals are and what the right mortgage and protection arrangements are for you.
Disclaimer:
The information on this website is for use of residents of the United Kingdom only. No representations are made as to whether the information is applicable in any other country which may have access to it.
Mortgages by Louise & Associates, 17 Victoria Road East, Thornton Cleveleys, FY5 5HT
Mortgages by Louise & Associates is a trading name of Just Mortgages Direct Ltd, which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority. Just Mortgages Direct Ltd registered office: Colwyn House, Sheepen Place, Colchester, Essex, CO3 3LD Registered in England & Wales No 2412345
The Information on this website is subject to the regulatory regime and is therefore targeted at consumers in the UK.
Approved by The Openwork Partnership on 30/10/2023.