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Family Income Benefit

Home / Services / Protection / Family Income Benef...

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This cover will pay out if death occurs, and provides an income per year for the term remaining on the policy. For example, for a 20 year term, where the claim occurred after five years, there would be 15 annual payments made in total.

The payments are not normally subject to income tax but may impact some state benefits.

Warning Text

THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

Other Areas of Expertise

Financial Planning
Pensions
Mortgages
Protection
Wealth Management
Taxation

Related Links

Why Protection is Important
Private Medical Insurance
Life Assurance
Income Protection
Critical Illness

Haworths Financial Services Ltd is an Appointed Representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited, which is authorised and regulated by the
Financial Conduct Authority. FCA No: 494163.

Haworths Financial Services Ltd. Registered office: Suite 7, The Globe Centre, St James Square, Accrington, Lancashire, BB5 0RE. Registered in England and Wales, company number 5062508.

The guidance and/or information contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

Approver Quilter Financial Services Limited and Quilter Mortgage Planning Limited. 01/08/2023

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