The financial impact of a critical illness on your mortgage
A sudden medical diagnosis does more than just compromise your physical health; it immediately threatens your financial stability, with your monthly mortgage payment often being the first and largest vulnerability. When a critical illness strikes, the household income typically takes a double hit. Not only does the diagnosed individual often have to reduce their working hours or leave the workforce entirely to focus on recovery, but a spouse or family member may also need to take unpaid leave to act as a primary caregiver. This sudden