Insurance
Family Income Benefit
A different kind of life insurance. Rather than paying a single lump sum, family income benefit provides your family with a regular monthly income if you pass away — helping them maintain their lifestyle without the burden of managing a large sum of money.
Who needs cover?
How it works
The smarter way to protect your family's income
Monthly Income, Not a Lump Sum
Rather than leaving a single large payout, this policy pays a regular monthly tax-free income for the remainder of the policy term — simpler to budget with.
Replaces Your Salary
Designed to closely mirror your take-home pay, family income benefit helps your family maintain their standard of living without financial pressure.
Decreasing Cost over Time
As the policy term reduces, so does the total payout potential — meaning premiums are typically lower than a level-term life insurance policy.
Flexible Term Length
You choose how long the policy runs — many people align it with their youngest child reaching financial independence or the mortgage being paid off.
Inflation-Linked Options
You can add index-linking to increase the monthly benefit in line with inflation each year, protecting the real value of the payout over time.
Ideal for Families
Particularly suited to families with young children where the priority is maintaining ongoing household income rather than paying off a debt.
Related Protection
Explore other ways to protect your family.
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