Secure Your Family’s Future with Income Protection
Guarantee your family’s financial stability if you can’t be there
What is family income benefit?
Family Income Benefit (FIB) is an insurance policy designed to provide your loved ones with a regular income rather than a lump sum if you pass away or are diagnosed with a terminal illness (with less than 12 months to live).
Instead of leaving your family with a single payment to manage, FIB ensures they receive ongoing financial support for a set period—helping them maintain their lifestyle, cover essential expenses, and secure their future.
This policy is especially beneficial for parents and caregivers who want to ensure their children or dependents have financial stability until they reach adulthood or independence.
Want to learn more? Speak to one of our professional advisors, who can walk you through the available policies and help tailor coverage to your family’s unique needs.
Why Consider Family Income Benefit?
Many people focus on insuring their home, car, or possessions—but what about the income that supports everything? If the unthinkable happens, how would your loved ones manage financially? This policy ensures your family isn’t left struggling.
Do I even need this yet?
Family Income Benefit is more affordable when you take it out earlier. The sooner you secure coverage, the lower the cost.
Isn’t a lump sum better?
Managing a large sum can be challenging, and it may not last as long as intended. FIB ensures your loved ones receive steady financial support for a set period.
Isn’t it too expensive?
You choose the level of cover that’s right for you — making protection more accessible than many people think.
How Does Family Income Benefit Protect Your Family?
Replaces lost income – Ensures your family can maintain financial stability.
Regular payments – Instead of a lump sum, it provides a tax-free monthly income.
Covers key expenses – Helps with mortgage payments, rent, household bills, and childcare.
Affordable protection – Policies start from just £5 per month, making it an accessible safety net.
Peace of mind – Reassurance that your family won’t face sudden financial pressure.
Simple structure – Easy to understand with no complicated investment elements.
FAQs
With family income benefit, the insurer will only pay out a claim for the term of the policy. As an example, a claimants family holds a policy for a 20 year period, that will pay a family £1,000 every month for 20 years. If you a person passes on within the first month of the policy, the policy holders family will receive £1,000 for every month of the whole 20 years. Whereas if a family makes a claim 15 years into the policy, they will only receive payments for 5 years.
Both types of insurance provide financial support to families after they have experienced bereavement. The main difference is the method of payment and frequency. Life insurance is normally paid once to the family and is designed as a golden parachute to help them overcome large financial burdens like payment of mortgage, debts and to ensure financial security in the future. Family income benefit mean families receive a fixed amount each month based on the estimate which was made when the policy was taken, however the period of how long they receive payments is based on the policy.
If you and your partner want to take out a joint family income benefit policy, we can find an option for you. Often, this type of cover is cheaper than taking out two separate policies. However, there will only be a pay out if one policy holder dies, not both.
Important to know:
For insurance business we offer products from a range of insurers.
Ready to Protect Your Family’s Future?
Don’t leave your family’s financial well-being to chance. Start your quote today and secure peace of mind.
Why Our Customers Recommend Fluent Money®
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This is the second time I have used Fluent and would definitely recommend them
The process was easy and everyone I have dealt with on both occasions were helpful, polite and efficient. Special thanks to Simon who virtually sorted out a remortgage in a very short space of time and Sam in the insurance dept who managed to get my partner insurance as we had several problems previously. I will not hesitate to contact them again but as they are super efficient they are likely to contact me nearer the time my mortgage needs renewing
I can’t recommend them enough
I have used Fluent for a few years now for mortgage and health insurance purposes. I can’t recommend them enough. I have just competed a remortgage and Thomas and Joseph were super helpful!
I have had a brilliant experience with Fluent Money
I have had a brilliant experience with Fluent Money and the insurance broker James was extremely helpful and experienced his advice and hard work trying to find a suitable insurance premium went above and beyond . Sorry for late review
Amazing service for Mortgage and Insurance!
We’ve recently remortgaged and also reviewed our life and critical illness / income protection insurance and the team at fluent went above and beyond for my family. Alex Townrow, Joseph Moralee, Sam Musk and Andrew Ramsdale were all incredible from start to finish. They reviewed what we needed and provided the best advice to get us the cover we needed for the best price. We’re eternally grateful for the Fluent team for the smooth transition to our new mortgage and insurance providers.
Fluent Mortgages were brilliant from start to finish
From getting the mortgage that was right for me and with advice on the right life insurance and building insurance …professional, friendly and helpful all the way through to completion…they made it so easy…very happy…thank you guys.
