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Family Income Benefit

Family is important; that’s why it’s best to get expert advice to help protect what matters, when it matters!

Think about how important your income is and what your family would you do if that was suddenly taken away, how would your family manage? 

Family Income Benefit protects a level of income for a fixed term. 

In the event of your death your family would have an income paid over the term of the plan.

You can take out the plan for instance until your youngest child reaches 18 or 21 or you may want the plan to run until your retirement.

Regular Tax Free Income Payments

Family Income Benefit protects a level of income for a fixed term. 

In the event of your death your family would have an income paid over the term of the plan.

You can take out the plan for instance until your youngest child reaches 18 or 21 or you may want the plan to run until your retirement. 

In the event of a claim, your family choose how they are to be paid with options of monthly, quarterly or annually.  

At present under the current rules this income would be tax free.

This type of assurance is based on an assessment of health of the applicant.   

 

 

Please note for these insurance products terms and conditions apply. This information is a summary only. You will receive a full policy document upon application. This policy will set out the terms, conditions and limitations of cover provided under the plan