Family Income Benefit Insurance is a special type of life insurance policy that pays out a regular income to your family members for a set period of time when you pass away.
Financial advice firms who adopt this standard adhere to a set of principles, giving clients confidence that they are dealing with an ethical adviser when receiving financial advice about whether a pension should be transferred.
There are various aspects of our lives that we can protect with insurance. One of these is your income, which can be protected via a policy called permanent health cover, or income protection.
Figures suggest that people typically overestimate the cost of life insurance by about 5 to 10 times, putting them taking out cover. However, it can be more affordable than you think, particularly if you start early.
Here is a summary of what might happen to house prices, jobs, savings and pensions.
An overview of the benefits and taxation of long-term care insurance policies.
We insure a lot of things in our private lives. We have contents and travel insurance, phone and car insurance but we often forget about the most valuable asset – ourselves.