Yes, when arranging Mortgage Protection Insurance, you can opt to add coverage for specified serious illnesses. This inclusion means that should you be diagnosed with a critical illness listed in your policy, you can receive a lump sum to help manage not only your mortgage but also other related financial obligations, such as daily living expenses and medical bills. This feature provides an additional layer of financial security, ensuring that you can focus on recovery without the added stress of financial constraints. It’s important to review the list of covered illnesses with your adviser, as it varies between policies and providers.