Anthony Dowsett trading as Lowndes Financial Solutions is an Appointed Representative
of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading name of Advance
Mortgage Funding Limited which is authorised and regulated by the Financial Conduct
Authority. The guidance and/or advice contained in this website is subject to the
UK regulatory regime and is therefore restricted to consumers based in the UK
Finding out you have a critical illness must be devastating. Discovering you don’t
have the required protection in place just doesn’t bear thinking about.
Words like cancer, stroke and heart attack immediately make us think the worst and
for many people, being diagnosed with such an illness can change their lives dramatically.
Would you be able, or want to, go back to work in the same capacity as you do now?
Critical Illness policies can provide a vital, tax free lump sum to help you in these
circumstances to fund Mortgage payments, council tax, childcare costs, food and utility
bills are just some of the regular payments that still have to be made. There might
even be extra things to pay for such as medication, or changes to the home. Sick
pay from your employer might help, but only for a short period, and state benefits
only offer a limited amount.
Critical illness policies can vary greatly in terms of the number of illnesses they
cover and the added benefits provided and we believe it is important you take advice
before deciding on the best policy for you. For an example list of the critical illness’s
that this type of policy covers please click here.
A consultant from Lowndes Financial Solutions can talk you through the different
options and policy types to ensure you have the most appropriate level of cover to
suit your budget.
We’ve seen that survival rates for critical illnesses are improving – which is great
news – but life often changes dramatically after diagnosis. Not just emotionally,
but financially too.