Most mortgage providers would not insist on any specific personal insurance. 

However, life insurance and critical illness insurance are a safety net to ensure that your home will remain secure no matter what may happen in the future.

Income protection works to cover your lost income should you be unable to work for some time, or permanently, due to illness or accident. This type of cover usually pays out a monthly benefit, which differs from critical illness cover that tends to pay out in one lump sum.

Having a combination of insurances is a sure-fire way to protect your future, and if you would like to discuss a tailored package of insurances at highly competitive rates, give us a call and we will find the best deals on the market for you!

Often, critical illness and life insurances are sold as a packaged product. This is because life insurance pays out to your beneficiaries in the event of your death, whereas critical illness pays out to you should you become injured or ill.

Most life insurance policies will pay out if you are diagnosed with a terminal illness or one where the diagnosis indicates that your life expectancy is less than 12 months. However, this will not apply to any long-term conditions, so critical illness cover combined with life insurance protects in any scenario.

Choosing policies that complement each other and do not overlap is important to avoid paying more than you need to for your insurance, so if you need help working out which policies work best together, get in touch with the team and we will be happy to help!

Yes, they can be. Some insurers have strict sets of criteria or are unable to offer tailored policies to suit your medical history.

If you have been declined, we highly recommend calling Revolution Finance Brokers. It may be that a specialist provider who understands your medical circumstances is best suited to provide you with reliable cover. Our team works with a network of outstanding insurance providers and can match you with the most appropriate policy providers.

With most providers, the cover is put into place straight away once you have agreed to the terms of your policy and paid your initial premium.

This is a package insurance policy, combined life insurance alongside critical illness cover. This means that you are covered for illness or death, in any circumstance.

Accelerated cover is provided by some insurers, and is an additional clause to a life insurance policy that pays out a fast initial lump sum if a specific condition is diagnosed within the term of your policy. 

For example, if you hold a life insurance policy and have an accelerated clause within your policy, if you are diagnosed with the condition then you will receive a proportion of your life insurance pay out immediately on diagnosis, with the balance on the event of your death.

NHS employees receive life insurance calculated as two years salary and lump sum cover in the event of becoming seriously ill. NHS also grants some employees early retirement if they are no longer able to work due to illness.

If you hold an NHS pension scheme, are unsure about the cover provided, or would like to supplement this cover, give us a call and we can provide expert advice on how best to do so.

Yes, it can. If you choose to cancel your insurance policy, then you will immediately lose your cover.

Critical illness cover is not just about providing financially for your family; it is about sustaining your quality of life if you are diagnosed with a serious illness, or become disabled.

This cover means being able to pay off outstanding debts, purchase equipment and facilities to make your condition more comfortable, and providing peace of mind.