BRADFORD AND BINGLEY LIFE INSURANCE
Bradford & Bingley Building Society was formed in 1964. The black bowler hat was once the famous emblem of Bradford & Bingley on the high street. In 12/2000, the Society demutualised & floated on the London Stock Exchange.
Bradford & Bingley for many years was an independent financial adviser on life assurance, pensions & investments. They also sold their own Bradford & Bingley endowment plans.
Once one of the UK's biggest financial institutions, by 2008 the government announced that the now troubled bank, whose profits were adversely affected by the credit crunch, had been part nationalised.
BRADFORD & BINGLEY LIFE INSURANCE - PRODUCT REVIEW
WHOLE LIFE COVER
A whole of life policy that will always payout whenever death may occur. Premiums maybe reviewable in the future.
Designed to cover a repayment mortgage on death or critical illness as it decreases during the plan term.
Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term. Plan can be guaranteed or reviewable premiums.
Helps ease financial worries if you are diagnosed with a critical illness as specified by Bradford & Bingley Insurance
Providing security by way of an income if you are off sick or have an accident or disability.
OVER 50'S LIFECOVER
A no medical evidence policy that always payout whenever death may occur but only after an initial period.
BRADFORD AND BINGLEY ENDOWMENT POLICY
Offering protection if the policy holder dies or is diagnosed with a critical or terminal illness during the mortgage plan term; designed to provide a lump sum at the end to be used usually toward repayment of an Endowment interest only mortgage loan.
Article on: Bradford & Bingley Life Insurance ~ for more visit www.bbg.co.uk
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FOR PROTECTION PRODUCTS WE USUALLY OFFER FROM A LIMITED PANEL OF PROVIDERS
Bradford Bingley Life