A practical, cost-effective way to support day-to-day living.
Family Income Benefit pays a regular, tax-free monthly income to your family if you pass away. It helps replace lost income and keep everyday life on track.
Why it matters
- Mirrors how families actually spend money
- Maintains stability for children
- Affordable and predictable
- Removes long-term financial pressure
What’s Included
- A tax-free payment for your loved ones
Pays a monthly income to your chosen beneficiaries if you pass away during the policy term. - Support for everyday family life
Helps cover ongoing costs like the mortgage, bills, and childcare, so routines can stay in place. - Payments made directly to your family
Income is paid straight to your loved ones, providing reliable financial support when it’s needed. - Cover that fits your family timeline
Set the policy term around your mortgage or when children are financially independent.
For insurance business we offer products from a range of insurers.
Why Choose Areti
Protection designed around real life.
Your life isn’t one-size-fits-all, and your protection shouldn’t be either. We listen first, advise clearly, and stay by your side — including when support is needed most.
Frequently asked questions
How is Family Income Benefit different from life insurance?
Life insurance usually pays a single lump sum. Family Income Benefit pays an ongoing monthly income, designed to support everyday living costs and provide longer-term stability.
Why might Family Income Benefit be a good option?
It’s often chosen by families who want predictable, ongoing financial support rather than a one-off payment, particularly while children are growing or a mortgage is in place.
What can the payments be used for?
The income can be used however your family needs — for mortgage payments, bills, childcare, or day-to-day living costs.
How long do payments last?
Payments continue until the end of the policy term you choose, often aligned with your mortgage length or until children are financially independent.
Who receives the income?
Payments are made to your chosen beneficiaries, usually your partner or family members.
Is the income tax-free?
Yes. Payments are typically tax-free when paid to individuals.
Can Family Income Benefit be combined with other cover?
Yes. Many people combine it with life insurance or critical illness cover as part of a wider protection plan.
Will my premium change over time?
It doesn’t have to. We often recommend linking cover to the Retail Price Index (RPI), so the level of protection keeps pace with the cost of living and maintains its real value over time.
What affects the cost of a policy?
The cost is influenced by things like your age, health, lifestyle, occupation, the type and level of cover you choose, and how long it runs for.
