Our children are our most prized assets and as parents, we would do anything to protect them and put their wellbeing at the absolute top of our priority list. Providing for them whilst we are alive and able is our duty as parents, but why would we compromise their wellbeing should we no longer be around? In recent times there has been a dramatic increase of families relying on food banks and crowdfunding, because the monthly household income is just not enough to cover expenses.
Family Income Benefit is designed predominately for parents with dependent children to ensure that they can continue and maintain the lifestyle they lived whilst you as a parent were providing – with the policy paying a regular monthly income until the child or children reach adulthood. With the average child now in full time education until age 21 these particular policies are very reasonably priced due to the term of the policy being respectively shorter than the typical Life Insurance policy.
Vital Protection have access to the best and most reputable providers so we can put together a bespoke plan so you never have to worry about where the money for the food or bills will come from should the worst happen.