don't get terminal-illness-cover and critical-illness-cover mixed up either.

 if you are not sure what is going on - surely if you called a free and independent financial adviser you would understand more and have a clearer picture??

everyones different experiences with different company's do not mean they are the best for you as everyones background and circumstances are different!!

chances are that you have a much higher chance of suffering from and surviving a critical illness than dieing!  Even if it's a small element, say the equivalent of 12 month's salary, seriously consider taking CIC. 

Brian 

Critical illness is much more expensive than life cover. Your broker makes more commission from the life assurance than he does from the mortgage. I used to get 140% of annual premium as commission when I sold it. (£1344 on a £80 per month policy). This cost has to be covered somehow.

Egg do life cover without commission so it is cheap. But, I got mine with L&G through a broker. He made commission, but I appreciated his help - lots of paperwork if you do it yourself.

I have £100K CIC on myself (29 yr old, non-smoker), and £200K joint life with my wife (27 yr old, non-smoker).

If I get diagnosed with say cancer, I get immediate payout of £100k, whether I die or not. If I do die, the £200k pays out.

I pay £40 per month for this cover.

Critical Illness is probably not mandatory for the purposes of covering your mortgage. 

We're just in the process of taking out at £110K mortgage over 26 years and our broker qouted me a premium of £80 a month for single Level Term plus Critical illness. This seemed rather excessive as I already have £40k's worth in place with L & G and pay just under £6 a month. I've had a look at some quotes on here and there around £20-£35 mark, for the balance of £70K. I just had a quote through Sainsburys which is where the L&G one that I have in place is from and they quoted just under a £10. Thought i'd have a look at Tesco and they wanted nearly £50.

I know what is actually covered can vary, but surely by not enough to give such widely varying premiums.

What is going on!!