This insurance can be particularly useful for providing a tax-free lump sum payment if the insured person has a specific illness or condition which is covered by the policy. They only pay out, though, on the illness covered - so it definitely won't pay for an illness not on the list. The friendly consultants at UKFCS Mortgage Specialists will be able to advise you regarding the policies available.
There are many different critical illness policies covering different illnesses. An important point to remember is that if a specific illness runs in the family, the insurance payments will be higher because of the additional risk to the insurance company. It is also possible to have critical illness cover for more than one person, so for instance a couple should be able to take out a policy. There can be a problem with this type of policy as some policies only pay out for the first person with the critical illness.
This is certainly a policy which needs advice from the experts. The knowledgeable consultants at UKFCS Mortgage Specialists will be able to talk you through the various policies available and whether or not certain exclusions are relevant. Only by discussions with the consultants will they be able to advise you as to the best alternatives for critical illness insurance.
We've used UKFCS Mortgage Specialists for many transactions because of their fast, knowledgeable and personal service combined with an excellent selection of lenders. Kirk, Danny, Alisha and the the team have been great for us and they can be for you too!By Ian Brown and Di Kuang
Excellent services delivered by UKFCS Mortgage Specialists for past 15 years. I am a landlord therefore frequently used the services of UKFCS Mortgage Specialists to arrange or re-mortgages rental or personal properties without any issue. UKFCS Mortgage Specialists are highly recommend.By Asad Riaz
We used UKFCS Mortgage Specialists for our recent mortgage. The staff are friendly and helpful and the process was smooth and easy. I would highly recommend this company.By Lauren Broughton
We are local estate agent who values good services that we can provide to our sellers and buyers and mortgage advice is paramount to us. We have been working closely with UKFCS Mortgage Specialists for a couple of years now and being so close to our office means many of our clients choose to visit them straight after coming into our offices, or alternatively we can arrange for them to call our clients at a convenient time to discuss their financial needs. They will guide the first time buyer through all the stages of the offer and explain everything every step of the way.By Erica
I would highly recommend UKFCS Mortgage Specialists, I have always felt supported and well informed throughout the mortgage application process and know that I can rely on their professional service every time.By Shaun Collins
Very efficient service with prompt responses and the best deals on the market. Would thoroughly recommend their services.By Steve Masters
As a first time buyer, we had lots of questions which were always answered in detail and it made the process of buying our home more smooth than stressful and we will be using UKFCS Mortgage Specialists again for future re-mortgagesBy Natalie
Authorised and Regulated by the Financial Conduct Authority. UKFCS Mortgages Specialists is the trading name of UK Financial Consultancy Services Ltd. UK Financial Consultancy Services Ltd, Registered in England and Wales No.5467810
Registered Office: 33 Darnley Road, Gravesend, Kent, DA11 0SD Your home may be repossessed if you do not keep up repayments on a mortgage or any other debts secured on it.
The overall cost for comparison is 4.4% however the actual rate will depend on your circumstances.
UK Financial Consultancy Services Ltd operate as an intermediary and are not a principal lender
Our FCA registered number is 435495 and can be found on the regulators website at www.fca.org.uk/register