Family Income Benefit (FIB) is a thoughtful form of protection that supports your loved ones with a regular, ongoing income — rather than a single lump sum — if the worst should happen.
How it pays out
Instead of one lump sum, FIB delivers financial support as a regular income stream for the remainder of the policy term, helping keep your family's finances steady over time.
Is it right for you?
It can suit families who'd value a predictable, ongoing income to cover everyday living costs, rather than having to manage a large lump sum.
How much cover do you need?
Think about your family's full financial needs — day-to-day expenses, children's education and longer-term goals. Premiums depend on factors such as age, health, occupation and the length of cover.
Important — please note
This article is general guidance, not personal advice. Cover, terms, limits and exclusions vary between policies and insurers, so always check the policy wording. Premiums depend on your individual circumstances.
For a recommendation based on your own situation, please get in touch.