- Provides a tax free monthly income
- Helps long-term family budgeting
- Low-cost monthly premiums
- Pays out up to £5,000 a month
- Term length up to 40 years

Family income benefit, often referred to as family income protection, is a type of life insurance.
A monthly premium is paid and cover remains in place for a specified length of time.
However, unlike traditional policies that pay out a lump sum, family income benefit provides beneficiaries with a regular, fixed, tax-free income.
Regular income payments run from the date of death, until the end of the policy term, as chosen at the outset by the policyholder.
Monthly income payments can replace a lost income and help long-term family budgeting.
Family income benefit, or FIB, is well suited to new parents, wanting an affordable way to ensure dependants are adequately provisioned for.
Watch our family income benefit video.