A: GBFS offer a 'Premium Client Service' that provides quarterly contact and recommendations. G B Financial Services is a trading style for GBFS Limited, Grove Cottage, Gravel Hill, Wombourne, Wolverhampton WV5 9HA which is authorised and regulated by the Financial Conduct Authority. We are entered on the FCA Register No 185479 at www.
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A dedicated team of Chartered Financial Planners and Administrators who work to develop long term relationships with our clients. We ensure our clients financial requirements are catered for throughout the different phases of life by developing close personal relationships, applying our knowledge and professionalism to every aspect of finance.
It's never nice to have to think about it but you could lose your job, fall ill or worse. Fortunately for most of us the chances of dying before we reach our retirement is low, making life assurance relatively inexpensive. There is a much higher likelihood of you not being able to work for an extended period yet few of us protect ourselves or our family sufficiently against these events.
As the name suggests a whole life policy is designed to provide life assurance cover for your whole life and doesn't finish at a pre-defined term. If you continue paying into a whole-life plan it will eventually pay out on your death so they are normally significantly more expensive than the equivalent term assurance as they are effectively guaranteed to pay out their benefit eventually.
Term assurance pays out a lump sum should you die within the term of the policy. It is the simplest form of life insurance and normally the cheapest option to provide the level of cover you require. Term assurance doesn't contain any investment element, it simply promises to pay out if you die within the term.
Reviews (1)
Maggie Jones
Apr 15, 2022
