Covers you against: Death or critical or terminal illness
Type of benefit paid: Regular monthly income
Family Income Benefit pays out in the event of death, but instead of a one-off lump sum of cash, it pays a regular, tax-free income until the end of the policy term. 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.
Benefits can include: Hospitalisation benefit which pays out a lump sum payout if you are in hospital for a minimum of 28 consecutive days following an accident.
Finding the right protection can be complex, feel free to call us today on 01869-248339 or email us at mortgages@imsinternet.co.uk to receive some expert advice.
