Family Income Benefit

- Wed 11 Oct 2023

This Policy provides financial security & can be used to cover any regular financial commitments that clients have, in the event of the death of a policy holder.

It pays out tax-free instalments, until the end of the policy term, which can be suited to a client’s individual needs and circumstances, for example, until a youngest child leaves university and will therefore no longer be financially dependent.

Whereas a life insurance policy that pays out a lump sum can be used to clear a mortgage, this benefit can be used to help continue your lifestyle as well as contribute to bills such as water, electric, gas as well as nursery bills, school fees etc. In a sense, the income almost replaces the wage of the person that has sadly passed away.

Do you have dependents that rely on your income to keep a roof over their heads, to be clothed, fed and watered; as well as attend clubs, activities and hobbies?

If the answer is yes, get in touch to discuss how a Family Income policy could benefit you and your family.

Bradleys Financial Management Ltd and Bradleys Estate Agents Ltd are two different entities and the estate agents act as introducers for Bradleys Financial Management.’

Family Income Benefit

More Stories