Family Income Benefit
Family Income Benefit provides a regular income for your loved ones if you die during the term of the plan. Most families trust on at least one regular monthly income to cover their household spending. How would your household manage financially if you lost a source of income?
Level term insurance pays out a one-off lump sum if the person insured dies. Family income benefit policy will pay out a monthly tax-free income if you die during the term, until the policy ends.
To find out, how does family income benefit work? Why you might want it, how much cover should you may need and for how long? How much does family income benefit cost? Please contact our Advisor for face to face advice.As with all insurance policies, terms, conditions and exclusions will apply.