Get Family Income Benefit Life Insurance Quotes
Family income benefit allows you to secure your family's financial future in the event that you unexpectedly die. It pays out a regular monthly (or annual) income to your family in the even of your death during the term of the plan.
With family income benefit, a tax free income can be payable quarterly or annually, as required.
Advantages
- A cost effective type of term assurance in relation to the cover required (sum assured)
- Regular payments are treated as capital and are tax free
- Premiums are low as this is a form of decreasing term assurance
- Can be arranged very quickly if you are in good health
- The income benefit can be linked to inflation
Disadvantages
- Family Income Benefit has no cash in value at any time.
- Medical evidence will be required and possibly a medical examination for those in poor health
For FREE quotes and impartial advice click on the link below and fill in a quick form - you will be put in touch with a specialist in life insurance who will be able to offer no obligation quotes and information on family income benefit plans.