Family Income Benefit

This cover will pay out if death occurs, and provides an income per year for the term remaining on the policy. For example, for a 20 year term, where the claim occurred after five years, there would be 15 annual payments made in total.

The payments are not normally subject to income tax but may impact some state benefits.

The plan will have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.

Company address: Clearwater Financial Ltd, 6-7 Southernhay West , Exeter, Devon, EX1 1JG

T: 01392 251004 E: atucker@clearwaterfinancial.co.uk

Clearwater Financial Limited: Registered in England & Wales, No. 05437119. Registered Office: 6 Southernhay West, Exeter, EX1 1JG

Clearwater Financial Limited is an appointed representative of Quilter Wealth Limited and of Quilter Mortgage Planning Limited, who are authorised and regulated by the Financial Conduct Authority.

The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

Approver Quilter Wealth Limited and of Quilter Mortgage Planning Limited 22/01/2024.

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