Covers you against: Death or critical or terminal illness
Type of benefit paid: Regular monthly income
If you are a new parent or have a family that you want to protect, then family income benefit cover may be something that you are interested in. This type of cover pays out a regular, tax-free income until the end of the policy term in the event of death. This can be a suitable option for people who would rather that their dependents receive a regular income, rather than a one-off lump sum.
Many benefits come with family income benefit cover. One of these benefits is the hospitalisation benefit, which pays out a lump sum if you are in hospital for a minimum of 28 consecutive days following an accident. This can help your family financially if you are unable to work due to an accident.
If you would like more information on family income benefit cover or would like to get a quote, then please call us today on 01869 248 339 or email us at mortgages@imsinternet.co.uk. We would be happy to help you find the right protection for your family.
