Wiser Mortgage Advice can help arrange family income benefit insurance, providing monthly income payments in case of the policyholder’s death while the policy is in force.
Family Income Benefit is a type of life insurance policy that provides a tax-free, regular income to your family if you pass away during the term of the policy. The income will be paid out for the rest of the term, which is typically a fixed period of time that you choose when you take out the policy.
Unlike a lump sum payout, a regular income can help your family manage their day-to-day expenses and maintain their standard of living. This can be particularly helpful if you are the main breadwinner and your family depends on your income.
Family Income Benefit policies can be customized to suit your specific needs and circumstances. You can choose the amount of cover you need, the term of the policy, and the frequency of the payments. The policy can be set up to cover specific expenses such as mortgage payments, school fees, or other regular household expenses.
It’s important to consider your family’s financial needs in the event of your death, and Family Income Benefit can be a useful way to provide them with financial support over a fixed period of time.
I find the entire mortgage process confusing and long winded. Dean explains and handles things in a very simplistic way, meaning that the hard work is done for me. He is personable and always available no matter how many times I need to contact him to ask annoying questions!
I have used Dean’s Services for several years now, and I am looking forward to working with him again in the future.
Dean sorted out our mortgage, home and life insurance for us and couldn’t fault him. Quick to respond and worked around us. Found us the best deals and rates. Took the stress of us and arranged everything for us and also was there anytime to contact sorb any questions. Lovely guy and made us laugh and had some banter. Will 100% recommend and will be using Dean again in the future for all our other re mortgages to come and any questions. Also must add very affordable. Thanks so much!
Would highly recommend Dean as a mortgage advisor. Explained everything really well, made sure we were happy with our choice and sorted out our insurances as well. The whole process and application was straightforward and easy with his help.
