How does family income benefit insurance work?
You choose the term length and annual benefit and if you die during the term, your insurer will pay a regular income to your family for the remaining duration of the policy’s term. For example, if you take out a 20 year policy and die after 15 years, your insurer will only pay an income for the remaining 5 years.
How much does family income protection cost?
Family income benefit vs level term life insurance
What are the pros and cons of family income benefit insurance policies?
Pros
Cons
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