Statistically, you are far more likely to be diagnosed with a serious illness than you are to die during your mortgage term. Being diagnosed with a serious illness can mean never returning to full health or returning to work again, and could dramatically alter your financial situation.

A Critical Illness plan (taken out separately or as part of a life insurance plan) provides you or your family with a tax-free lump sum which you could use to cover your mortgage, home alterations and medical treatment (including drugs not ordinarily available on the NHS) if you are diagnosed with a serious illness (and survive for at least 14 days). The exact list of illnesses covered does vary.

AscentiaUK will work with you to make sure the policy you choose covers everything you want and need it to, and will advise on which is right for you and your circumstances.