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thefinanceroome

01242 226353

FAMILY INCOME BENEFIT

Insurance

Mortgages                                      Protection                                       Other                                  

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

 

A fee of up £500 (typically £195) is payable on completion. We will also be paid commission from the lender. The precise amount will depend on your circumstances and mortgage loan amount and will be discussed and agreed prior to submitting the mortgage application

 

The Finance Roome Limited is an Appointed Representative of Personal Touch Financial Services Limited, which is authorised and regulated by the Financial Services Authority.

 

Registered Office address is 92 Church Road, Cheltenham, GL53 0PD. Registered in England and Wales. Company No. 05901651

 

The Financial Services Authority does not regulate Legal Services, Accountancy Services, Will Services, Conveyancing Services and some forms of mortgages.

 

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

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01242 226353

Protecting your family against the death of a breadwinner

Family Income Benefit is often known as FIB. It is a form of Term Insurance cover, in that it pays an amount on the death of the insured person. However, it is designed to pay an income, rather than a lump sum.

 

This type of policy never acquires a surrender or cash-in value, and is not a savings policy. It is there to protect the family from the financial effects of a tragic early death of a breadwinner.

 

Contact us and we'll arrange an overview of your protection needs to ensure you are fully protected.