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  • I recently used Graham for my re mortgage and found him to be extremely helpful and communicative at allstages. He found me a great deal and made the whole process incredibly straight forward. I can't recommend him highly enough.

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  • I purchased a property recently. Graham was upfront and honest about my chances of being successful. After considering my application carefully and quickly he sourced an excellent deal and explained it thoroughly to me, allowing me to consider each option before proceeding. Graham kept me informed of how my application was proceeding at every stage and nothing was too much trouble for him. he his a first class advisor and I would highly recommend him.

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Increasing Term

Increasing Term Assurance

This type of cover protects you for a given term for an increasing level of benefit. The amount of life cover chosen at the outset rises annually by a predetermined factor, normally Retail Price Index (RPI). This is known as "indexation". The premium will also increase. By selecting indexation you are protecting the purchasing power of your selected benefit. This may be suitable for family protection although this would depend on individual circumstances and you should seek further advice.

  • works much like the level term insurance, except that the level of cover increases - and usually the premiums too.
  • worth considering if you are insuring for a long term, because increasing prices eat away at the value of a fixed level of cover.

Please be aware that in some cases this type of assurance is based on an assessment of the health of the applicant.

THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

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

GT Mortgages is an appointed representative of TenetLime Limited which is authorised and regulated by the Financial Conduct Authority. TenetLime Limited is entered on the Financial Services register (www.fca.org.uk/register) under reference 311266.

GT Mortgages Ltd - Registered in Scotland No. SC298635 - Registered Office: 10 Bank Street, Falkirk, FK1 1NB

 

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  • GT Mortgages

    10 Bank Street

    Falkirk

    Stirlingshire

    FK1 1NB

  • Phone : 01324 622226

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