Get earnings locked in place with this solution. Providing a fixed term policy, Family Income Benefit lasts for a pre-set period, giving a low cost cover option in the event of the insured person’s death. An affordable insurance option for many families, this benefit provides essential tax-free income to a dependent partner following the applicant’s death or, in some cases, the diagnosis of their serious illness.
Available to single or joint applicants, Family Income Benefit can be chosen either on a long or short-term basis. It’s worth bearing in mind, though, that it offers no flexibility. Once the policy term has been decided, it cannot be extended regardless of circumstances. With that in mind, it’s vital to have an informed approach when deciding your policy term. This is where our expert insurance advisors step in, using extensive market knowledge to identify a bespoke financial solution that will best help your family if the worst does come to pass. Email firstname.lastname@example.org for further details or call us directly on 01782 617600.