Life Insurance and Critical Illness Cover

How much protection you need will depend upon your resources, your dependents' needs and your financial commitments.

Candleston Financial Services Ltd offers independent advice on four main types of protection:

Level Term Assurance - typically used to protect families. A single lump sum is payable if the life assured dies within a fixed term. Premiums and payout are fixed.

Mortgage Protection (Decreasing Term Assurance) - the most common type of life cover. Payments decrease in line with the home loan as it is gradually paid off.

Whole Of Life Protection - a fixed sum is paid out on the death of the life assured. Premiums continue throughout the life assured and are reviewed typically every 10 years.

UK Critical Illness Insurance

Most forms of life policies give you the option of adding critical illness cover to your life insurance policy. You can also use any of the forms for a critical illness quote only.

This type of insurance is designed to provide you with a capital sum if you survive one of the specified critical illnesses. These plans are normally used to provide funds to pay off your mortgage and/or other loans and to provide funds for convalescence and special health care needs.

The illnesses covered include heart attack, cancer, major organ transplant, Alzheimer's disease, stroke and many others. Most insurers will cover a similar list of critical illnesses since the core illnesses covered are agreed through the Association of British Insurers (ABI).

For help on how best to protect your loved ones, call us on 01656 766561 or email us.

Contact Us

Call us today on: 01656 766561 or fill out our contact form for a promt response:

Important Information

The above information does not constitute financial advice from Candleston Financial Services Ltd or any of its representatives. Investment performance can go down as well as up. Past performance is no guarantee to future performance. Your home may be at risk if you do not keep up the repayments for any loans secured against it. All information is based upon our interpretation of current legislation and taxation which can change in the future. The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

This website is intended for investors over 18 years of age who are resident in the UK only. The website and the information contained therein should not be regarded as an offer or solicitation to conduct investment business in any jurisdiction other then the UK. These pages provide generic information about various aspects of financial services advice that we provide as well as possible areas of clients financial planning needs. We hope they are helpful to you but they do not, on their own, add up to proper investment advice and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. They are not detailed or comprehensive enough to enable you to make an informed decision which is tailored to your circumstances and needs. Please contact us for tailored advice.

Candleston Financial Services Ltd is a member of First Class Financial Ltd which is an appointed representative of Mint Financial Services Limited which is authorised and regulated by The Financial Services Authority. Mint Financial Services Limited registered address is, Mint House,10 - 11 Gander Lane, Barlborough, Chesterfield, Derbyshire, S43 4PZ FSA Number 217742. Mint Financial Services Limited is entered on the FSA register http://www.fsa.gov.uk/register/ under reference 217742.