Mortgage Protection Life Insurance & Critical Illness Cover

A Mortgage Life Insurance ensures that your mortgage payments are paid if you were to suddenly die. This would free your family and loved ones from the stress of having to find the funds to pay the mortgages. However, what makes even more sense is to add a Critical Illness Cover to Mortgage Life Insurance. This would mean that if you were to be afflicted with a critical illness, there would be a lump sum payment to tide your family over that too.

In most cases, life insurance policies are quite straightforward but in the case of critical illness cover, you have various options. Most of them have certain terms and conditions – pick the one that works best for you. When you add a critical illness cover, it can be done with guaranteed premiums where the premium payments remain the same throughout or with reviewable premiums where the premiums can be reviewed and changed periodically.

Types of life insurance

  • Single life insurance

    Life insurance to cover the life of one person. But what else is there to know?

    Read More
  • Joint life insurance

    A joint life insurance policy to cover two people (cohabiting, in a relationship etc).

    Read More
  • Level term life insurance

    A life insurance policy that pays out the same throughout the policy term.

    Read More
  • Decreasing term life insurance

    This cover decreases throughout the life of the policy, usually in line with a mortgage.

    Read More
  • Critical illness cover

    You don't just have to get cover for your life - consider what would happen if you were to become seriously ill.

    Read More
  • Life insurance with critical illness cover

    A combined insurance policy that pays out upon death or if you become very ill.

    Read More
  • Mortgage protection cover

    Not to be confused with mortgage PPI, this life insurance would help to pay a mortgage off.

    Read More
  • Mortgage protection cover with critical illness cover

    Similar to mortgage protection life insurance but also pays out if you develop a critical illness.

    Read More
  • Family income benefit cover

    Instead of a lump sum this would pay a fixed monthly amount to your family if you pass away.

    Read More
  • Convertible term life insurance

    A flexible type of life insurance; you can switch it to a different life insurance variation later in the term.

    Read More
  • Guaranteed life insurance

    No medical required and this type of policy is available to anyone and everyone, regardless of circumstances.

    Read More
  • Reviewable life insurance

    Every few years this policy can be "reviewed" to see if the level of cover that you have chosen is still appropriate.

    Read More

Still need to learn more about Life Insurance?

You don't know how lucky you are. No, really. Why? Well, because we've put together the official ChooseMonkey Guide to Life Insurance just for you!

(Ok, so maybe a few other people are going to read it too. But remember, you're special)

Compare affordable quotes from UK life insurance providers such as:

  • Aegon Logo
  • AIG Logo
  • AVIVA Logo
  • Legal & General Logo
  • LV Logo
  • OneFamily Logo
  • Royal London Logo
  • Vitality Logo