Family Income Benefit, Life Insurance, Life Insurance Quote

Family Income Benefit (FIB)

The Facts

The current mortality rate in the UK is 100%!
If we took 100 people born in 1929, by the age of 65 their situation was as follows:
1 = Rich
4 = Wealthy
27 = Dead
68 = On the Breadline

Although 27 were dead and their financial worries were over, for a significant number of their families, these worries were only just a beginning.

Family Income Benefit (FIB) provides a fixed income over a fixed number of years rather than a lump sum. This would be a cheaper way than a level term insurance of providing dependents with a replacement income on the death of the breadwinner as the total amount to be paid out by the insurance company would be reducing during the term of the policy.

You may want to take a look at our Life Insurance page which also another type of life assurance.

We at UK Financial Matters, our advisers are specialists in protection insurances and can provide free quote for Building and Content Insurance, Life Insurance, Family Income Benefits, Accident, Sickness & Unemployment Insurance, Mortgage Payment Protection Insurance, Critical Illness Cover and Payment Protection Insurance so you can be rest assured that your home and family are fully covered in every event.

Applications for any of the above insurances can be arranged over the phone and independent of a mortgage.

However, if you would prefer a face to face meeting our advisers would be very happy to see you at our friendly office.

No fee is payable when you apply for any of the protection insurance products. We will be paid by commission from the Insurance Company.

Please fill up the short enquiry form online or call us now to arrange an appointment on 0800 311 2012 or you can e-mail us with your contact details and preferred times to enquiries@ukfinancialmatters.co.uk