If you are diagnosed with a critical illness, your finances are the last thing you want to think about but the sad reality is you may need to take time off work for your treatment and recovery.
Critical illness cover (CIC) is designed to help, paying out a tax free lump sum when you are diagnosed with one of the defined critical illnesses covered by your policy.
Many people buy critical illness cover that will clear their mortgage balance if they become seriously ill. This can sometimes prove cost prohibitive, if so your adviser will be able to work with pretty much any budget to get you the cover you desire.
At Advantage we have the tools and experience to work out what sort of sums your family would need in order to live comfortably if you were to develop a serious illness and no longer be able to work.
The exact illnesses covered by critical illness policies vary between providers. Some insurers offer over definitions on their plan, it’s important not to get too caught up in the definitions. Over 75% of claims fall within what the industry calls the ‘Big Four’. Any guesses on what these ‘Big Four’ include? Unsurprisingly the overwhelmingly most claimed upon definition is Cancer, followed by Heart Attack, Stroke and Multiple Sclerosis.
Most modern policies include specific cover for your children when you take out a policy. You can often enhance this cover at a cost.
Our clients choose to trust us over the competition because of the way we conduct our business.
Did you know that not all mortgages are available through brokers? That’s why we’ll always let you know about any cheaper deals that we’re aware of when we make our recommendation. Nothing hidden here.
We exist not only for our clients but to make the world a better place in any little way we can. We participate in ‘micro-giving’ via a charitable organisation called Buy1Give1, to causes such as conservation and clean water.
All Advantage customers have their own Client Portal for secure exchange of information, messages and documents. However, we always tailor our services to suit you, whether face to face, telephone, email or carrier pigeon.
Whilst we have arranged finance for people in all situations, we have areas we think we excel in. If you are a contractor, self-employed, a first time buyer, an older borrower or have had credit issues, you should really call us.
The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK.
Our typical fee is £450 and only paid when your offer is produced. This means that if we’re unsuccessful in getting you the mortgage you won’t pay a fee, giving you the confidence you need from a broker.
Advantage Financial Solutions is a trading style of TRM Financial Ltd, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered Office: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH. Registered in England and Wales no. 09832887.