Family Income Benefit

Body

This cover will pay out if death occurs and provides an income per year for the term remaining on the policy. For example, for a 20-year term, where the claim occurred after five years, there would be 15 annual payments made in total. Payments can paid out either monthly or annually.

The payments are not normally subject to income tax but may impact some state benefits.

Warning Text

icon

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.

Get Expert Help with Your Mortgage Today

Struggling to get a mortgage due to bad credit? Our experts can help.

Click the "Contact Us" button below to get in touch.

CONTACT US

Testimonials