Family Income Benefit
Providing monthly benefits to your loved ones...
Rather than paying out a lump sum benefit, a Family Income Benefit plan provides a fixed ‘Income’ per month. Many people choose this type of Life Insurance because the ‘Income’ can act as a direct replacement to the income the deceased would have bought in each month.
Some people find dealing with a large lump sum a daunting task as it involves a certain amount of management to spread the money. But, with a Family Income Benefit you will be paid a fixed monthly income for the remaining term of the policy, allowing for easier budgeting.
There are also other types of Life Insurance that we can offer. Your local Business Consultant can offer impartial advice about which type is most suitable for you and your circumstances.
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