A monthly income for your family, not just a lump sum
If you weren't here, your family wouldn't just need money - they'd need it in a way that's easy to live on. Family income benefit pays a regular tax-free income instead of one big payout.
Replaces your salary the way your family actually uses it
A large lump sum can be daunting for a grieving family to manage - invest it, budget it, make it last. Family income benefit takes a simpler approach: a tax-free monthly payment, from the date of claim until the end of the policy term, that slots straight into the household budget.
Because of how it's structured, it's often one of the most affordable ways to protect a young family. We'll help you set the right monthly amount and term - usually matched to your children's years of dependence - and combine it with other cover where that makes sense.
Family income benefit, set up properly
The right monthly amount
Sized to your household's real outgoings - mortgage, bills, childcare - so the income genuinely replaces what you provide.
Easy for your family
A regular income is simpler to manage than a lump sum at a difficult time - no investment decisions, no guesswork.
Affordable protection
The structure often costs less than equivalent lump-sum cover, making strong family protection achievable on a budget.
Terms that match childhood
Aligned to when your children will become independent, so cover lasts exactly as long as it's needed.
Written in trust
Keeps payouts outside your estate and gets money to your family quickly - we set it up with you.
Part of a complete plan
Often paired with lump-sum life cover and critical illness - we'll build the combination that fits.
Explore family income benefit
Book a free consultation - we'll work out the income your family would need and show you what it would cost.
Or visit our contact pageWhat our protection customers say
"Caring, patient and never pushy. We came away with cover we understood and a plan that protects our children if anything happens to us."
"When we took out our mortgage they made sure we weren't left exposed. The whole protection conversation felt genuinely about us, not a sales pitch."
"I'd put off looking at income protection for years. Silver Oak explained it in five minutes flat and helped me pick cover that actually fit my budget."