Critical Illness Cover

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We offer the option to pay for our mortgage services by a fee. 

Parkway Financial Solutions is a trading style of Parkway Mortgages Ltd, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority.
No fee on insurance products and £495 fee mortgage mortgages paid on offer.

Parkway Mortgages Ltd is registered in England & Wales, company registration number 6748364.
Registered Office: 78 Castle Lane West, Bournemouth, Dorset, BH9 3JU.
The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK

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Download your free guide below.

It will explain:

• Understanding Critical Illness Cover
• How Payouts Work
• Tax-Free Lump Sum Benefits
• Choosing the Right Policy
• Common Policy Exclusions
• Impact of Pre-Existing Conditions
• Adapting Coverage to Life Changes
• Navigating the Claims Process
• Survival Period and Policy Limits
• And More...

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Should I take out Critical Illness Cover?

Critical Illness Cover, also known as critical illness insurance, is a long-term insurance plan designed to provide financial protection if you're diagnosed with a serious illness specified in your policy.

This coverage typically includes conditions such as strokes, heart attacks, certain types and stages of cancer, and multiple sclerosis.

If you're diagnosed with one of these conditions, your critical illness policy will provide a tax-free, one-off payment. This payment can help cover essential expenses like your mortgage, rent, debts, or necessary modifications to your home, such as wheelchair access.

At Parkway Financial Solutions, our expert advisers specialise in Critical Illness Cover and life insurance. We can help you select the right policy tailored to your needs, ensuring that you and your family are adequately protected without overpaying for unnecessary coverage.

Why Choose Parkway Financial Solutions?

Do these questions sound familiar?

• What does critical illness cover include?
• What isn't covered by a critical illness policy
• How much should I be covered for?
• Do I really need critical illness cover?
• How long should I be covered for?
• Can a policy cater for changes in my life?
• How much is the policy going to cost?

We are here to answer them

At Parkway Financial Solutions, we’re committed to delivering a friendly, jargon-free experience tailored to each of our clients. Our priority is to go above and beyond to meet your individual needs.

We understand that insurance is deeply personal. With our extensive experience, we've seen every aspect of the buyer’s journey and have honed our approach to offer an exceptional, personalised experience. Unlike large companies that treat you as just another client, we take a different approach.

We provide a bespoke service that considers your unique circumstances and needs. With Parkway Financial Solutions, you’ll have dedicated professionals by your side every step of the way, alleviating stress and giving you valuable time back.

Our hands-on, personalised approach allows us to speak directly with underwriters, securing coverage where others might not even try. This means we can offer you tailored advice on the right policies and coverage—where larger companies might fall short.

How do I know which insurance provider and Critical Illness policy is right for me?

Depending on your situation and budget, the most suited provider can vary. It’s important to understand the comprehensiveness of a policy is not always linked to the premium. In addition, where one provider may place exclusions on a policy due to an existing condition or increase the premium as a result of it, others may not.

What can a lump sum payment be used for?

A  lump sum payout from a critical illness claim can be used however you and/or your loved ones choose. Some examples include:

• Repaying outstanding loans and debts
• Paying your mortgage
• To make your property more accessible.
• To pay for any treatment you may need
• For assistance with household bills and daily living expenses