Support for Your Loved Ones
Family Income Protection Made Clear and Simple
Family Income Benefit provides a regular, tax-free income to your loved ones if you pass away during the policy term, as long as your premiums are maintained. Instead of a lump sum, it delivers ongoing financial support, helping your family manage everyday expenses and maintain stability during a difficult time. Designed with families in mind, this cover offers peace of mind that those who rely on you will continue to receive financial support when it matters most. It can play an important role in your financial planning, helping to safeguard your family’s future and provide reassurance that they will be looked after.
Reasons for Choosing Craig Mortgages and Protection...
From our first conversation through to putting the right cover in place, we’re by your side every step of the way. Our service doesn’t stop once your policy is arranged, we continue to support you with everything that follows, from helping you understand your cover and options to assisting with paperwork and making sure any updates or changes are handled smoothly.
Expert Guidance
Clear, knowledgeable advice tailored to your circumstances, ensuring you feel confident at every stage of the journey.
Smooth Process
We handle the details, reduce complexity, and keep everything on track to make the experience as stress‑free as possible.
Market Access
With access to a wide range of trusted insurers, we work to find the most suitable options for your needs.
Ongoing Support
We’re here for you until everything is complete, and beyond, ready to assist whenever you need us.
With access to multiple providers, we'll explore more competitive cover specifically tailored to you.
Frequently Asked Questions
Get quick, helpful answers to the most common questions.
Family Income Benefit is a type of life insurance that pays a regular, tax-free income to your loved ones if you pass away during the policy term, helping them cover ongoing living costs.
Unlike traditional life insurance, which pays out a single lump sum, Family Income Benefit provides monthly or yearly payments over a set period, offering continued financial support rather than a one-time payout.
It’s ideal for anyone with dependents, such as children or a partner, who rely on their income and would need ongoing financial support if they were no longer around.
Payments continue for the remainder of the policy term you choose. For example, if you select a 20-year term and pass away after 5 years, income payments would typically continue for the remaining 15 years.
This depends on the provider and your personal circumstances. Many policies require some health and lifestyle information, but the process is usually straightforward and designed to be quick and accessible.