Dr AG talks about how critical illness insurance paid off his mortgage when he was diagnosed with a terminal illness

When we moved to London in 2004, Darren’s team at Dental & Medical Financial Services (then Medics Financial Services) were instrumental in helping us to get a Mortgage on our property.

At the same time it was suggested to us to take various insurances on the loan to protect ourselves in the event for whatever reason we couldn’t meet the payments in future years.

As it turned out, I developed a life threatening illness last year, that was termed, a TERMINAL ILLNESS called Cardiac Amyloidosis. As a result, I claimed from the Critical Illness Insurance cover that paid out just under £130,000, which, together with some savings allowed me to pay off the Mortgage completely.

Subsequently, we now live mortgage free.

So far the treatment I have had, chemotherapy, has helped to improve my condition for the time being. I may still have to have further treatment to keep alive, but at least I know that my wife will not have any difficulty keeping a roof over her head.

I am writing to say thank you for your good advice 11 years ago, as this has reduced my worries about our home being taken away if I could not afford to pay off the mortgage.