Family Income Benefit
This type of insurance focuses on providing for your family in the unfortunate circumstance that you, as the main breadwinner, has passed away. It protects and provides stability to your family providing a regular amount of income on a tax free basis to your dependants from the time of your claim till the end of the term. It is often the preferred choice of insurance for many people because it regulates the income the family obtains instead of providing a one off lump sum.
In the end, what is important is that you choose the policy that best suits your family’s needs and budget. Each family has their own scenario and special needs and we can assist you to obtain the best policy plan tailored to those needs. It is the greatest gift of protection and support someone can give their family after they are gone.