Life Insurance/Serious Illness Cover

At Mortgage Buddy, we want to support you through all walks of life. That is why we provide Life Insurance/Serious Illness Cover.

Life Insurance Policy

If a Lender is going to give you a large loan, they want to ensure that if something were to happen to you, they will be re-paid their money, this is why a Lender will insist that you have life insurance in place.  The annual cost of a life insurance policy will depend on a number of factors such as your age, health, smoker status, amount borrowed and the term of the mortgage. We can talk to several insurance companies on your behalf and source the best policy for you, saving you time and making the application process as stress free as possible! 

Serious Illness Cover

Serious Illness Cover pays out a tax-free lump sum in the event that you’re diagnosed with an illness that is covered by your policy. It provides valuable financial support if you fall ill and are forced to stop working. We will review serious illness cover options for you with the insurance companies we work with. Its not a nice topic to discuss but its an important one. Contact us today

Benefits of Life Insurance/Serious Illness Cover

  • Protects the well-being of and provides a lump sum payment to your family if you are unable to work.
  • Provides a tax-free, cash lump sum to you if you are diagnosed with a specific serious illness.
  • Covers a wide range of illnesses.
  • Innovative cancer-only option available.
  • Your policy can cover more than one person.
  • You can increase cover at times when you need it.
  • Gives you time to focus on what really matters, getting better

You can check out some of the most important items for your Life Insurance/Serious Illness Cover here!