Family Income Benefit
THE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.
This cover will pay out if death occurs and provides an income per year for the term remaining on the policy. For example, for a 20-year term, where the claim occurred after five years, there would be 15 annual payments made in total. Payments can paid out either monthly or annually.
The payments are not normally subject to income tax but may impact some state benefits.
Read lessTHE PLAN WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.
Cavell Rose Financial Services is a trading style of Cavell Rose Ltd, which is an appointed representative of Quilter Financial Services Limited, which are authorised and regulated by the Financial Conduct Authority.
Cavell Rose Ltd: Registered in England & Wales, No. 07561055. Registered Office: Jonathan Scott Hall, Thorpe Road, Norwich, NR1 1UH.
FCA Registered Address:Jonathan Scott Hall, Thorpe Road, Norwich, NR1 1UH.
The guidance and/or information contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK
Approver Quilter Financial Services Limited 06/12/2024

