The most cost-effective form of family protection
Rather than providing a lump sum should you die, family income benefit provides a regular, tax-free, monthly income for you and your dependants - from the time of the claim to the end of the plan term.
For example: Plan Term - 20 years. Time claim made - after 16 years. Benefits paid - for the remaining 4 years. This is why family income benefit often costs less than life insurance.
Family income benefit is particularly attractive to those who like to know they have a regular monthly income and would rather not have to worry about complex investment decisions to make the most of a lump sum payout.
