Family income protection provides your family with a monthly income for the remaining term of the policy, rather than a single lump sum.

The main features are:

1. Policy is arranged for a fixed term of years.
2. Benefits can be on a level or increasing basis.
3. Providing a tax free income from the date of death to the end of the term.
4. Option on claim to commute the regular income for a single lump sum.
5. No benefit on survival.
6. No surrender value.
7. Level premiums throughout the term.

Family Income Benefit Policy Benefits:

1. Low cost cover providing a tax free income, particularly useful for young families.
2. Benefit is paid on death (or diagnosis of a specified critical illness if that option is taken out) of the insured person for the remaining years of the policy term.
3. Provides valuable income to the surviving spouse/partner to bring up children etc.
4. Available for long or short term plans i.e. 1-18 years.
5. Available for single or joint applicants.