Family Income Benefits

Family Income Benefit (FIB) is designed to provide family protection to replace income lost on the death of the breadwinner or on earlier diagnosis of a terminal illness. It provides an income rather than a lump sum. The policy pays out a regular tax free income from the death of the life assured until the end of the term of the policy. The policy is a decreasing term assurance as the sum assured reduces with the term of the policy.

Family Income Benefit does not involve any investment and the policy has no surrender value at any time. It can also be combined with Level Term Assurance, Decreasing Term Assurance and/or Critical Illness Cover as part of a package of insurances to provide all round financial protection for your family.

The plan will have no cash in value at any time and will cease at the end of the term.

If premiums are not maintained, then cover will lapse

e-mail:ﾠinfo@afsuk.co.uk ﾠor Telephone: 020 7663 8084 / 07825 156 545