Family Income Insurance

Worried what will happen to your family when you are gone?



If you are the bread winner for your family with dependents to look after, the ideas that one day you may not be with them will for sure torment you.

We understand that it is impossible for some one to fill at your spot. However, you can assure a safe future and a regular income, even after you are gone, just by taking a Family Income Benefit Insurance Plan.

Rather than receiving a lump sum payment at the event of death of the policy holder. Family Income Benefit Insurance provides a guaranteed TAX FREE income to be paid to the recipient(s) monthly / quarterly or annually from the time of claim till the policy terminates.

Example:

Client sets up a policy for 20years to pay £18,000 per year.

If the claim is made after 3years, £18,000 x 17years or £306,000 would be payable to recipient. Where if a claim is made after the 17th year then £18,000 x 3years or £54,000 would be payable!

Available as single policy or joint policy, held by two policyholders, Family income benefit insurance policies is primarily used to ensure that a family’s income is maintained at an acceptable level if the main income provider (s) were to die. In the case of a joint policy, the policy will initiate paying out at the death of either policyholder. If both policyholders die whilst the policy is in force, the policy will still only pay out once per month. Best suited for families with a single earning member or with small children’s, Family Income Benefit Insurance will help you ensure a safe future for your family.

Advantages:

• Family income benefit insurance does not involve any investment


• Avoid paying Investment Fee’s, Charges & Tax on sum assured


• Best suited for Families with sole bread winner and young children’s

Want to know more about Family Income Benefit Insurance? Speak to our specialist advisor, Today!