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Family Income Benefit

Home / Services / Protection / Family Income Benef...

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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

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.

Related Links

Why Protection is Important
Private Medical Insurance
Life Assurance
Income Protection
Critical Illness

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Registered office address: Suite 2a Sutton House, Ashville Point, Sutton Weaver, Cheshire, England, WA7 3FW.

Registered in England and Wales under reference 06749896.

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