Question 2
Do I need critical illness cover?
Critical Illness Cover is a form of insurance that pays a lump sum in the event of a specific critical illness being diagnosed. These illnesses include heart attacks, strokes and cancer, as well as major organ surgery, coronary artery bypass surgery, kidney failure or total disability. Developing any of these illnesses could put a great strain on your ability to repay your mortgage at a time when you least need that financial worry. If this is a real concern for you then Critical Illness Cover would be suitable. The cover may be taken on a stand-alone basis or, where life assurance is needed as well, a mix of the two can be provided within the one Policy.
