Covering the protection spectrum to put you at ease

LIFE PROTECTION

Term life Insurance

This is the cheapest, most basic form of life insurance. It covers you for a fixed period and pays out a one off lump sum if you die during the policy. With some term insurance policies you can add on additional options, like critical illness cover. If you do add on critical illness cover, the plan will pay out once the diagnosis of a qualifying critical illness or if you die during the term of the policy.

Decreasing Term Insurance

Decreasing term life insurance covers you for a set term and pays out a lump sum if you die during the policy term. The amount of cover decreases over the term of the policy and is usually designed to tie in with the outstanding amount on your repayment mortgage. As the life cover reduces the monthly premium remains constant over the term of the policy. With some policies you can add on additional options, like critical illness cover. If you do add on critical illness cover, the plan will pay out either on diagnosis of a qualifying critical illness or if you die during the period of the policy.

Whole of Life Insurance

Whole of Life Insurance cover is for the whole of your life. Unlike term insurance, which only pays out if you die during the term policy term. Whole of life insurance always pays out, it is guaranteed that the policy will pay out upon your death.

Family Income Benefit

This type of cover, gives your loved ones a regular income not a lump sum. But the income is only paid for the term of the policy, so the nearer the end of the policy you die, the fewer years it pays out for. Premiums will depend on the sum to be insured, the period of insurance cover, your age, your sex and whether you smoke or not. A non smoker is usually defined as someone who has not smoked for at least twelve months. Additional options can be added to increase the level of cover, although this in turn increases the premiums.

*Policies are subject to terms and conditions and all premiums must be paid in full and on time.

Our Clients’ believe we’re
the right team…

Mr P
March 2019

Very helpful making the whole process as stress free as possible.

Get in touch today for more information…

CONTACT US

GBFC Mortgage Centre
32 Sycamore Drive
Torpoint
Cornwal
PL11 2NA

01752 814 457

07968 149 066

Office hours:

Mon-Fri: 9:00 – 17:00
Sat & Sun: Appointment Only
Evening appointments available on request

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Gavin Bettinson t/a GBFC Mortgage Centre is an appointed representative of Primis Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products. The Financial Conduct Authority does not regulate all Buy to Let mortgages.

This firm charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity, but will be a fee of between £200 and £300. The precise amount will depend on your circumstances. This fee is payable on application. We will also be paid a fee from the lender.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

Wills and Overseas mortgages are not regulated by the Financial Conduct Authority.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR PROPERTY. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER DEBT SECURED AGAINST IT. Securing short term debts against your property could increase the term over which they are paid and therefore increase the overall amount payable.

Wills and some trusts are referred to a 3rd party. GBFC Mortgage Centre and PRIMIS Mortgage Network are not responsible for any advice received from the 3rd party.