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Permanent add critical illness to mortgage range

Permanent is adding a critical illness only product to its mortgage protection range in response to IFA demand.

Permanent says the critical illness mortgage can be used for those who want to add critical illness to existing life cover, either as a straightforward addition to a life mortgage protection policy, or for those who have swapped from an endowment to a repayment mortgage and have kept the endowment as a savings and protection vehicle.

Permanent sales and marketing manager Rod Macdonald says: “We have had an unprecedented reaction from IFAs to our advertising campaign and this launch is in direct response to the changing nature of the mortgage market and related protection products.”

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