LifeSearch attacks Family Income Benefit commuting - ifaOnline.co.uk
"LifeSearch has accused providers of commuting Family Income Benefit (FIB) payments into lump sum payments and called for the practice to stop.
Matt Morris, policy adviser at LifeSearch, says: "The best-laid plan to protect a customer's family with FIB is often thwarted at claims stage when insurers offer the option to commute the benefit into a lump sum. ..."
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