Which Optional Extras should I consider?

Critical Illness Cover
Waiver of Premium

These optional extras are both worth thinking about.

Critical Illness Cover will, for an increased premium, provide you with a tax-free capital sum to pay off your repayment mortgage if you are diagnosed with a critical illness. If you can afford it, this is a worthwhile option to consider.

Waiver of Premium is another optional extra that will be offered. If you include this option, the Insurance Company will pay your policy’s monthly premiums if you are off work through illness or become unemployed. It is relatively inexpensive and you should think about including it.

Please note : The information contained within the FAQ section has been written by Mortgage Protected Online

Related question:

What if I add critical illness cover?

How does Critical Illness Cover work?

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