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Family Income Benefit

This cover will pay out if death occurs, and provides an income per year for the term remaining on the policy. For example, for a 20 year term, where the claim occurred after five years, there would be 15 annual payments made in total.

The payments are not normally subject to income tax but may impact some state benefits.

The plan will have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.

Company address: Insurance Services Wales Ltd, 62 Brecon Road, Merthyr Tydfil, Mid Glamorgan, CF47 8NN

T: 01685 848950 E: office@insuranceserviceswales.co.uk

Insurance Services Wales Ltd is an appointed representative of Quilter Wealth Limited, Quilter Financial Services Limited and Quilter Mortgage Planning Limited, which are authorised and regulated by the Financial Conduct Authority.

Insurance Services Wales Ltd – Registered in England & Wales, No. 02989714. Registered address: 75 Swansea Road Swansea Road, Merthyr Tydfil, Wales, CF48 1HN.

The guidance and/or information contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

Approver Quilter Wealth Limited, Quilter Financial Services Limited and Quilter Mortgage Planning Limited 19/12/2023

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