1st 4 life insurance uk

Family income benefit UK

Family income benefit is a type of policy popular with those who are interested in family protection. Family income benefit UK differs from level term assurance in that, rather than issuing a lump sum, should you die within the policy term, your policy will pay out a regular income to your dependents for the rest of the term.

With family income benefit the payments that your dependents receive will normally remain consistent throughout the length of the policy. However, as an additional extra it is possible to arrange your family income benefit UK policy so that benefits increase in line with inflation, making sure that your dependents’ income rises with the cost of living.

With family income benefit UK you will need to decide how much annual income would be required and for how many years. Have a think about how much cover you need before you apply for your life insurance quotes UK.

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