What is Family Income Benefit (FIB)?

Family Income Benefit (FIB) is a valuable financial product that offers essential coverage and security to families in the event of the policyholder's death. It provides a regular income stream to the beneficiaries to replace the lost earnings and maintain their financial stability.

There are several significant reasons why Family Income Benefit is crucial. Firstly, it ensures that your loved ones are financially supported even after you're gone. The regular income provided by FIB can help cover everyday expenses such as mortgage or rent payments, utility bills, educational costs, and other financial obligations. It offers a sense of security and stability to your family during a challenging time of loss and transition.