What is a family income benefit?

Family Income Benefit is a life insurance policy which is set for a period of time known as the term. If you die within this period the policy will pay out a regular tax free income until the end of the term. For example if you have a 20 year policy and die within 5 years the policy will pay out the remaining 15 years.

Who is it for?

This plan is crafted for individuals seeking monthly income to assist their family if they pass away or are diagnosed with a specific critical illness. The premiums remain fixed over the term, and there's an option for inflation-linked coverage to safeguard income in the future. Additional benefits comprise terminal illness coverage and a feature to pay off the mortgage.

How can we help?

Chat on WhatsApp

What next?

Get expert advice

At Mortgage Mantra, our team of expert advisers carefully assess your personal and financial details to determine your borrowing capacity. They're dedicated to addressing all your inquiries, guiding you through various mortgage options, and assisting you in identifying the most suitable one for your requirements.

Find a property

Navigating the journey to find your dream property can be challenging, and determining an appropriate offer can be even more so. While our advisers are unable to negotiate directly with the estate agent on your behalf, they can offer valuable advice and tips on making an offer. Additionally, your adviser can furnish the estate agent with an Agreement In Principle if needed as proof of your mortgage eligibility.

Make an application

Once the estate agent confirms your offer has been accepted, it is time to apply for your new mortgage. Your adviser will compare all the mortgage products available to you and will recommend the one which is most suitable for your circumstances. They will provide you with a written illustration confirming all the key facts about the recommended product and will carefully talk this through with you.

Get in touch

Email Us

Drop us an email with your requirements and someone from our team will get back to you as soon as possible.

Book an appointment

You have the option to schedule either a video or telephone appointment using our online booking system.

BOOK NOW

Call us

Do you have an inquiry or are you interested in scheduling an in-person meeting? Feel free to give us a call, and we'll gladly assist you.

07984528652

The information given in this website does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision. The FCA does not regulate some forms of buy to let mortgages.

Mortgage Mantra Limited is an appointed representative of Sesame Ltd which is authorised and regulated by the Financial Conduct Authority. FCA Register No 912213. Registered in England and Wales. Registration No: 09554422. Registered Office: Regus, 36 Caldecote Gardens, Bushey, England, WD23 4GP. Calls may be recorded for training and monitoring.

The FCA does not regulate estate agents and for this we act as introducers only.

To view our Privacy Statement, please click here

To view our Cookies Statement, please click here

One stop Mortgage solution

Company

Contact

meghal@mortgagemantra.co.uk
079 8452 8652
36 Caldecote Gardens, Bushey, WD23 4GP

Site by Renav

Your property may be repossessed if you do not keep up repayments on your mortgage.

If you have a complaint or dispute with us, you are entitled to make a complaint. We have a complaints procedure that is available on request. If you wish to register a complaint, please contact us either in writing, by telephone or email. Please be assured we treat complaints seriously. For your protection if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (FOS).

Mortgage Mantra Limited is an appointed representative of Sesame Ltd which is authorised and regulated by the Financial Conduct Authority. FCA Register No 912213. Registered in England and Wales. Registration No: 09554422. Registered Office: Regus, 36 Caldecote Gardens, Bushey, England, WD23 4GP. Calls may be recorded for training and monitoring.

To view our Privacy Statement, please click here.

To view our Cookies Statement, please click here.

Family Income Benefit