Family Income Benefit

Family Income Benefit (FIB) provides a tax free regular income which is paid out for the remaining term of the policy if you die. FIB can provide a replacement income and may be index-linked to inflation so that cover remains the same in real terms. If you live to the end of the term, the policy expires and no payment is made. Similarly, if you stop paying the premiums at any time cover will cease. Whole of Life Level Term Decreasing Term Assurance Convertible Term Assurance