Family Income Benefit

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.

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.

STOCK DATA

Value	Move	%
FTSE 100
10255.71	32.17	0.315
FTSE 250
23167.28	-86.08	-0.37
FTSE 350
5584.96	13.35	0.24
FTSE All Shares
5524.48	12.96	0.235
Dow Jones
48892.47	-179.133	-0.365
Nasdaq
23461.816	-223.283	-0.943