Perfect alternative to replace your family regular income source

Perfect alternative to replace your family regular income source

When you are the only or main bread earner of your family, it can affect your family finances after your demise. It is better to think about an alternative concerning your family income source to help them avoid any financial crisis. You can get the perfect alternative called family income benefit with us. Your family will receive a regular income after your demise, which will help them financially.

You have an option for customizing the terms based on your requirement. Acknowledge all the terms before you choose to go with one.

You might be one of them who needs this insurance

We all have our own plans which might get disturbed because of unexpected situations. These situations can have a temporary effect but not a permanent one. It is your responsibility as a bread earner of the family to take care of your dependents regardless of the situation. You can take up a family income benefit from us, which will provide a regular monthly income to your family after your demise. In this way, they won’t face any financial crisis.

We may not cure the mental pain caused by your absence, but we can fill up the financial debt they might face. There won’t be any change with the regular income even after your demise. They will receive a monthly amount based on the insurance terms.

There are many specific advantages when it comes to taking up insurance. Acknowledge all the benefits of the Family income benefit.

Tax-Free

Online Application

Fixed Monthly Pay-in

Customized Terms

How Family income benefit can protect your family?

How Family income benefit can protect your family?

Swift life insurance as an insurance providing platform does have a simple and quick procedure concerning the family income benefit. Your family will receive a regular income from the policy amount after your demise. Every person does have their own requirements as per their financial situation. You can utilize the option of customizing your terms based on your needs and your current financial status.

You will have a legal agreement drafted between you and your insurer, which involves all the terms and conditions. You need to make a regular monthly pay-in to the insurer. Any claim made within the term period will be accepted and will receive the policy amount, it can be either in the beginning or at the end of the term period.

Your insurer will cancel your insurance policy if you fail to pay the regular pay-in. It will no longer be available for your beneficiary to claim the insurance amount. You must follow the scheduled pay-in cycle in order to secure your insurance.

Things to remember while applying for a family income benefit

To be frank, people only think about the agency rather than the insurance terms. You need to do the proper homework before you sign up for an insurance policy.

How long does it last?

How long does it last?

You need to decide your own term period which starts from 5 years. Any claim made within the term period will be accepted.

What if I stop paying?

What if I stop paying?

Your decreasing term life insurance will be cancelled if you stop paying the insurance policy. Your family will not receive any amount after your demise.

Any Feasibility with terms?

Any Feasibility with terms?

Yes, you can update your insurance terms in future if needed. Just have a word with a representative to make it happen.

Cost of an Insurance Policy

Cost of an Insurance Policy

You need to decide it, based on the current financial status of your family and how much they need in your absence.