While death comes to us all, it’s a serious illness that is perhaps our biggest risk. You could be more likely to suffer from Cancer, a Heart Attack or a Stroke before the age of 65 than to die. Ask yourself – If you were to suffer a serious illness and couldn’t work, would you struggle financially? If the answer is yes, chances are you need critical illness cover.
Critical Illness Cover provides a lump sum payment in the event of the diagnosis of a specified critical illness. At Yatri Mortgages, we will help you assess your priorities and then research providers from across the market to create a competitive solution tailored to your needs.
Critical illness cover is a valuable form of life insurance that provides essential protection in case you experience a severe illness or injury.
With critical illness cover, if you receive a diagnosis for an illness specified in your policy, you will typically receive a tax-free lump sum payment. This payment can be utilized in any way you deem necessary, providing flexibility and support during challenging times. It can help ease financial concerns and facilitate necessary adjustments to your life. For instance, you can use the funds to pay off your mortgage, cover lost earnings during your recovery, make modifications to your home for improved accessibility, or ensure that your dependents receive the financial support they need.
Critical illness cover offers peace of mind by offering a financial safety net when you need it most, allowing you to focus on your well-being and the well-being of your loved ones.
The guidance information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances, but will range from £395 – £795, and this will be discussed and agreed with you at the earliest opportunity.
Yatri Mortgages Ltd, trading as Yatri Mortgages, are an Appointed Representative of HL Partnership Limited, which is authorised and regulated by the Financial Conduct Authority. Yatri Mortgages is registered in England and Wales with Company Number 14635004. Registered Office: Focal Point, 27-35 Fleet St, Swindon, SN1 1RQ.
