Life & Critical Illness Insurance
Life cover is an insurance policythat pays out a specified sum in the event of death of the insured people within a specified term.
Critical Illness cover is an insurance policy that pays out a specified sum in the event of the insured people being diagnosed with a specified illness over a specified term.
Both can be taken out separately or combined into one plan. Cover is normally taken out based on the amount of your mortgage that is outstanding and the length or term remaining. i.e £150,000 over 25 years.
At Pure we have a panel of 15 major insurance providers all offering varied options and benefits designed to meet your specific needs and situation. We can consider all the options that each provider offers and compare one against the other. We understand that the cheapest cover isn’t always the best, because all insurers offer different conditions for critical illnesses and there are many different options to select from.
Most providers offer cover that is level throughout the term or decreasing in line with your mortgage.
Other options include:
- Waiver of Premium/Payment protection
- Reinstatement option
- Joint Life or Single life
- Fracture cover
- Guaranteed Insurability
At Pure we will explain all the options to you and design a plan that meets with your own particular needs and situation.