Family Income Benefit serves as a crucial safety net to ensure your family’s financial stability in challenging times. It’s a simple product that could make a big difference to your loved ones’ financial wellbeing. Should you pass away or encounter a predetermined critical illness, these policies are structured to deliver a steady income flow, continuing until the policy concludes, effectively substituting the earnings the policyholder would have otherwise supplied. Rather than disbursing a singular lump sum, these benefits manifest as monthly income. This consistent support can manage recurring costs, including those related to raising children or covering educational expenses.