Health insurance

Short term Health Insurance
This kind of insurance policy provides short term cover if you are sick or unemployed. Usually such policies cover a period of one to two years when you are unable to work. If you don’t hold this kind of insurance, and find yourself unable to work, you will face difficulties paying your mortgage. If you can’t keep up repayments, your home could be repossessed and sold.
Permanent Health Insurance
This kind of insurance protects people if they become sick, disabled or unemployed in the long term. In such unfortunate events, the insured person has peace of mind knowing their mortgage payments will be looked after, as well as their income being replaced. As with short term health insurance, there are a lot of policies which are available. To find out which policy would best suit your personal circumstances, consult an Independent Financial Advisor for impartial advice.