Family Income Benefit

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Family Income Insurance is designed to provide a monthly income to a family after the death of its principle provider or their partner.

The payments will continue at the value specified in the policy until the policy expires. These payments can be index linked to rise in line with inflation or continue at a flat rate.

Policies can be single or joint policies; in the case of joint policies the policy will pay out at the death of either policyholder, but it does not pay out twice if both policyholders die.

Please note that an income is only paid to the dependents up to the expiry date of the policy. At the end of the specified period all payments will cease and the policy never has a surrender value.

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