Family Income Benefit
When you start looking at ways to protect your family from unforeseen circumstances, the amount of insurance options can be overwhelming. Among those options is Family Income Benefit Insurance. This type of policy serves as a strategic solution for protecting your family's financial stability. Combined with other protection policies, it is part of a comprehensive strategy for safeguarding your family's welfare.
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.
The payments are not normally subject to income tax but may impact some state benefits.
Safeguard your family's future with Family Income Benefit Insurance, a dependable financial shield that can be an essential component of your comprehensive financial protection plan. We work with clients in Beckenham, Bromley and across South London. Contact our experienced insurance advisors today to discover how this can be integrated into your family's financial security strategy.
When you start looking at ways to protect your family from unforeseen circumstances, the amount of insurance options can be overwhelming. Among those options is Family Income Benefit Insurance. This type of policy serves as a strategic solution for protecting your family's financial stability. Combined with other protection policies, it is part of a comprehensive strategy for safeguarding your family's welfare.
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.
The payments are not normally subject to income tax but may impact some state benefits.
Safeguard your family's future with Family Income Benefit Insurance, a dependable financial shield that can be an essential component of your comprehensive financial protection plan. We work with clients in Beckenham, Bromley and across South London. Contact our experienced insurance advisors today to discover how this can be integrated into your family's financial security strategy.
