Critical Illness Insurance Plymouth – Protect Your Home & Future
Buying a home is a significant financial commitment, and it’s essential to have the right protection in place to safeguard your future. Critical illness insurance provides financial security in case you’re diagnosed with a serious illness that prevents you from working. Nobody expects to have a critical illness but as man you have a 14.1% chance of getting a critical illness before retirement age of 65 compared to a 3% chance of death before the age of 65.
At Mortgage HQ, we help homeowners in Plymouth find the best critical illness insurance policies to ensure peace of mind for you and your family.
What is Critical Illness Insurance?
Critical illness insurance is a policy that pays out a tax-free lump sum if you’re diagnosed with a covered serious illness, such as cancer, heart attack, or stroke as well as many others. This payout can be used to:
✔️ Cover mortgage repayments if you’re unable to work.
✔️ Pay for medical treatment or lifestyle adjustments, such as adjustments to your home and accessability.
✔️ Support your family financially during your recovery.
✔️ Provide peace of mind knowing you have financial protection if the worst should happen.
Do You Need Critical Illness Insurance to Get a Mortgage?
Critical illness insurance is not a legal requirement for a mortgage, but it is strongly recommended. A mortgage is likely to be your biggest financial responsibility, and if you were to become seriously ill, meeting your monthly payments could become challenging, from being unable to work or reducing hours to paying for access changes to your home. Having a critical illness policy ensures that you and your family are protected if the unexpected happens.
What Does Critical Illness Insurance Cover?
Policies vary between providers, but most critical illness insurance plans cover conditions such as:
- Cancer (various types, depending on severity)
- Heart attack
- Stroke
- Multiple sclerosis (MS)
- Major organ transplant
- Parkinson’s disease
- Alzheimer’s disease
- Permanent disability due to injury or illness
Some policies also offer children’s critical illness cover, providing additional financial support if a child is diagnosed with a serious condition.
Why Choose Mortgage HQ for Critical Illness Insurance?
At Mortgage HQ, we understand that buying a home is a major milestone, and protecting your mortgage and family should be just as important as securing it. Here’s why homeowners in Plymouth trust us for their mortgage and critical illness insurance:
✅ Expert, Tailored Advice
We take the time to understand your situation and recommend the best critical illness cover for your needs, ensuring you only pay for what’s relevant to you and your family.
✅ Access to Leading Insurance Providers
We compare policies from top UK insurers to find you the best deal at the most competitive price and again ensuring that the product is right for you.
✅ Seamless Mortgage & Insurance Process
We can arrange both your mortgage and critical illness cover in one smooth, hassle-free process, ensuring you’re fully protected from the start.
✅ Local, Friendly Support
As a Plymouth-based mortgage and insurance broker, we provide personal, face-to-face service, helping you navigate the complexities of mortgage protection with ease. We also provide Online and Phone appointments, making it easy for you to get an appointment convenient for you.
Get Expert Critical Illness Insurance Advice in Plymouth
Whether you’re a first-time buyer, home mover, or remortgaging, having the right critical illness cover is a crucial step in protecting your future. Let Mortgage HQ help you find the best policy.
Secure your home and future with the right critical illness insurance – trust Mortgage HQ to guide you every step of the way! Get in contact with us today using the contact form at the bottom of this page.