What is family income benefit? and Who is family income benefit it for? – mortgage plus

What is family income benefit?

Family income benefit or FIB is designed to pay a monthly tax-free income if you die. This can be used to provide for you family when you can’t.

 

Who is family income benefit it for?

You should consider family income benefit if you want to provide a tax-free monthly income for your partner or family upon your death. The benefit can be set to pay out each month from your death until your youngest child reaches 21 years of age or an age you deem appropriate.

 

 

family protection, mortgage protection, life insurance

 

Why is family income benefit important?

If you are not around anymore what would you like to happen?

How will your family pay their monthly bills?

Who would care for your children?

Could your partner earn enough to support your family?

The truth is you are irreplaceable….. there are so many things that you just won’t be the same without you.

Money will never be a substitute, but it will make a difference to those you love and their lives without you.

 

How can we help?

We will help you get everything in place so that if the worst happens those you love will receive a monthly income.

 

2018-11-26T09:08:13+00:00November 15th, 2018|