INSURANCE GUIDES
Critical Illness
Insurance - GoMortgage®
Because the mortgage is one thing - but life changing illness is another.
At GoMortgage, we know that getting the right mortgage is only part of the journey. The next part? Protecting your home, income and family if you were to face a serious illness. That’s where critical illness insurance comes in.
We Are Partnered With
Insurance Guides
What is Critical Illness Insurance?
Critical illness insurance provides a tax-free lump sum if you’re diagnosed with one of the specified illnesses listed in the policy and meet the policy’s criteria.
It’s designed to give you financial breathing room — you could use the payout to reduce or clear your mortgage, cover treatment costs, support your family, or adapt your home.
Why you should think about it during your mortgage journey
- A mortgage ties you into a long-term If something serious happens, you still need to keep up outgoings.
- With critical illness cover, you’re not just covered if you die – you’re covered if you live with a serious condition which affects your ability to work, pay the mortgage, or maintain your lifestyle.
- Many lenders make buildings insurance mandatory – but critical illness cover is optional. Still, it could be one of the smartest financial safety nets you put in place.
- If you’re self-employed, have dependants, or your income is the main household income – this cover becomes even more relevant.
What types of illnesses & conditions are covered?
The exact list varies by provider, but typical conditions include:
- Heart attack of specified severity.
- Stroke with specific definitions.
- Certain types & stages of cancer.
- Major organ transplant, kidney failure.
Important: Not all cancers, or all stages, are included – and definitions vary greatly between policies.
Access Your Credit Report
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s
What to consider when choosing your cover
- How much cover do you need? Consider your outstanding mortgage, family income, other debts, lifestyle costs.
- What term should you choose? Match to your mortgage term (or when your biggest commitments clear).
- What about exclusions & definitions? Some policies may exclude certain conditions or require a minimum severity.
- What’s the cost & how will it change? Premiums vary by age, health, lifestyle, occupation.
- Stand-alone vs add-on cover? You can choose a critical illness policy on its own, or add it to your life cover.
How GoMortgage helps you get the right cover
- We’ll assess your full situation – mortgage, income, family dependants, health
- We’ll show you what you’re required to have vs what you should consider, so you don’t buy unnecessary cover or miss essential protection.
- We’ll compare policies for broad cover, value, suitability – not just the cheapest
- We’ll make sure your protection is aligned with your mortgage life-plan – so it evolves as you refinance, move home, change job, etc.
- We’ll support you at claim stage (if needed) – you’ll know what to expect, how to make a claim, and how your cover interacts with your mortgage.
Next steps - How to get started
- Let’s review your current protection (if any) and match it to your mortgage and life-situation.
- We’ll identify suitable policy options, explain the cover, exclusions,
- You choose the level of cover you’re comfortable
- We’ll integrate the protection into your mortgage plan and ensure it’s active by the time you complete.
- We’ll set a review date to revisit your cover as your mortgage, income and life stage
📞 Call us on 01253 935050 to book your free protection review.
Let GoMortgage ensure you don’t just get the mortgage right — you protect it right.
Speak With A Mortgage Advisor today
Contact our friendly mortgage advice team today. Sound mortgage advice from the experts at GoMortgage.
Author: Chris Days Head of Content
FAQ's
Do I need it if I already have life insurance?
Not necessarily – but life insurance pays out after death. Critical illness cover pays during life, upon diagnosis of a covered condition. You might want both.
Does it cover all serious illnesses?
No. The cover is only for the conditions listed in the policy, with definitions applied. Early-stage conditions may not qualify.
Can I cancel it later?
Yes – but remember that premiums may increase if you re-apply later, or you might lose certain age or health advantages.
How much will it cost?
Cost depends on your age, health, occupation, amount and term of cover. We’ll provide you clear quotes so you know what you’re paying and what you’re getting.
We Are Partnered With
