FIB - the protection powerhouse

Family income benefit gets quite a lot of coverage - almost as if protection specialists feel obliged to mention it - but that doesn’t often convert into purchases.

I'll finalize this article as soon as possible. Just the slightest hint of content in the meantime.

The role of family income benefit

Obviously Income Protection delivers an … income. But Family Income Benefit (FIB) delivers an income from the occurrence of an “event” until the end of the policy term.

That event could be suffering a critical illness and our critical illness gets personal article suggest how a CIC-triggered income can complement other products. But the more traditional application is to income-based life cover, and that will be the focus of the rest of this post.

Much more to come.