Family Income Benefit Insurance pays a monthly income if the policyholder dies whilst the policy is in force. The monthly income will continue at the level specified in the policy until the policy's termination date. These payments can either be index linked to rise to in line with inflation or to continue at a flat rate. If the policyholder lives to the end of the policy’s term, no benefit is payable.
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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.