Family Income
Insurance

Family & Personal Income Plan

Most people usually take out enough life insurance cover to pay off their mortgage if the worst happens but they don’t often think about what happens next.  All the other day to day costs that a typical family has to meet, such as utility bills, food shopping, council tax and so on still need to be paid.

This plan is a straight forward and cost effective way to protect your family if you should die by providing a regular income.

With traditional life insurance cover you or your dependants will be provided with a lump sum at a time of claim.  If any of this lump sum is available after repaying the mortgage it would need to be invested in order to generate regular income for your dependants.  Frequently however insurance was only taken out to repay the mortgage and nothing else.

The Family & Personal Income plan is set up as a regular income plan at outset. Allowing you to provide your loved ones with a regular income at a lower cost if you die.  This will help your family meet daily living costs and to maintain their standard of living.

See policy for full details.

To obtain more information please click here.