Helping you make suitable choices
Family Income Benefit
What is family income benefit & how does it work?
We are here to give you advice on protecting you and your family!
Family Income Benefit provides a regular monthly income for the remainder of the policy to replace the income that would have been provided by the policyholder.
This can either cover critical illness or death or a combination of the two and is usually for the breadwinner until the youngest child is 18 or 21, dependant on the term you choose for the policy due to your circumstances.
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 your cover will lapse.
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The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK