This is a really important area of financial planning. Life cover and critical illness cover will ensure that in the event of a critical illness or death your mortgage, your loans and the family are protected.
Most home buyers purchase life assurance when they arrange a mortgage, but only a minority obtain another form of financial protection that they are potentially more likely to need before they reach retirement.
Critical illness assurance pays a tax-free lump sum on diagnosis of any one of a list of serious illnesses – including cancer and heart attacks.
Critical illness cover can provide cash to allow people to pursue a less stressful lifestyle while they recover from illness, or use it for any other purpose