Family Income protection insurance can be taken out to cover the shortfall of your mortgage payments.
Family income benefit will provide for payment of an income for the balance of the policy term. A Family Income Benefit plan can be used to provide a regular tax free income to your dependants, rather than a one off lump sum.
You should also consider writing your policy into a trust . This is a simple way of making sure the proceeds will be paid straight to your dependants quickly and avoiding Inheritance Tax.
Best UK Life Insurance is a trading name of Grovelawn Limited, who are authorised and regulated by the Financial Services Authority. Registered Address: 98 Station Road, Sidcup, Kent, DA15 7BY
FSA Registration Number: 314204