Family Income Benefit

Securing your family's financial future.

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
9509.4 -39.47 -0.413
FTSE 250
22052.83 11 0.05
FTSE 350
5193.82 -18.79 -0.36
FTSE All Shares
5138.16 -18.33 -0.355
Dow Jones
46358.42 -243.359 -0.522
Nasdaq
23024.625 -18.752 -0.081

Source: Rapid API
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