Family Income Benefit is an insurance policy designed to provide an on-going regular income in the event of your death. It can also be set up to pay out on the diagnosis of a critical illness.
This type of policy is most commonly used to provide financial support to your dependents.
It is a very cost effective way of accurately providing enough income to cover the monthly costs of your loved ones ensuring they can continue to have the life you would want for them.
If you would like to know more about this product and how it works, or the different ways you can structure the product please click here to arrange to speak to an experienced adviser.
As with all insurance policies, conditions and exclusions will apply.