Family Income Benefit
Replace your income for your family, month after month, if you're gone.
Family income benefit is a type of life insurance that pays a regular, tax-free income to your family if you die during the policy term — rather than a single lump sum. It can be easier for loved ones to manage and often costs less than equivalent lump-sum cover.
It's an ideal way to make sure everyday bills, childcare and living costs are covered for years to come. We'll help you set the income level and term to match your family's needs.
Key features
Regular income
Monthly payments that replace your income for your family.
Cost-effective
Often cheaper than an equivalent lump-sum life policy.
Easy to manage
A steady income can be simpler for loved ones than a large sum.
Term to suit
Set cover to run until the children are grown or the mortgage is clear.
Is this right for you?
This could be a great fit if:
- You want to replace your income for your family's day-to-day needs
- You have young children or long-term dependants
- You'd prefer regular payments over a single lump sum
- You want affordable, meaningful protection
Frequently asked questions
How is it different from normal life insurance?
Instead of one lump sum, it pays a regular income for the remainder of the policy term, which many families find easier to budget with.
Why is it often cheaper?
Because the total potential payout reduces as the term goes on, premiums are typically lower than level lump-sum cover.
How long should the term be?
Commonly until your youngest child is financially independent or your mortgage ends. We'll help you choose.
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She went above and beyond her role, putting in extra time and effort to ensure everything was handled perfectly. Her professionalism, patience, and genuine care made what could have been a stressful journey feel smooth and reassuring.Cristina Cilipic · December 2025 28 clients recommend us
A lump sum, or a monthly income?
It takes one short call to see which suits your family — and the monthly option is often the cheaper of the two.
