A life insurance often includes terminal illness protection. This is where a claim would be payable if the insured is diagnosed with a terminal illness by a health care professional and they will pass in the next 12 months.
However, one provider has noticed terminal illness can last longer than 12 months and being solely reliant on a heath care professional is not fair or supportive enough.
This one provider uses the medical staging definitions of cancer and other critical illnesses to define if a claim can be made rather than waiting for the healthcare professionals to confirm the bad news.
Golden Rock Solutions is highlighting this as a small but very important option to support the family where needed. After all having a terminal illness being able to be Mortgage free, with some money to enjoy the final days and gift to family as you see fit should be done on your terms.
Please get in contact for free advice on how to get more relevant protection for you and your family.