Critical illness cover

If the worst happens and you are diagnosed with a serious illness, it is important to make sure you are covered against the financial impact it could have in your family

Critical Illness and Serious Illness insurance policies pay out a cash lump sum when you are diagnosed with a particular illness or suffer injury from a serious accident.

Policies vary depending on the provider, so it’s important to understand the differences.  For example, the number of illnesses covered, definitions, partial payments and claims to payout ratios.

In the event of your diagnosis, money paid out from a Critical Illness policy could be used to help maintain your standard of living, pay off your mortgage and, if needed, pay for private healthcare.

Children’s Critical Illness Cover

Many insurers also offer Children’s Critical Illness cover at no extra cost. This protects children from 30 days to 18 years of age and up to £25,000 tax-free, per policy, per child.

This money could:

  • Enable you or your partner to take some unpaid leave to be with your child
  • Pay for private medical care and specialist equipment
  • Help to fund a special treat like a family holiday

At The Glasgow Mortgage Company, we understand the different types of cover available and can help you decide what is right for you. Call today to arrange a meeting to discuss your family insurance needs and to make sure you and your family are financially secure – whatever happens.


We will charge a fee of between £0 and £995. The amount we will charge is dependent on the amount of research and administration that is required. This fee is payable on receipt of a mortgage offer.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the United Kingdom.

Need help? Call or email us and we'll be happy to help with your enquiry.