CIS
Life Assurance Income Benefit Assurance
CIS Life Assurance Income Benefit Assurance
If
you want your family to receive a regular, tax-free income
after your death, then you should consider CIS Income Benefit
Assurance.
You
decide how much money you would like your family to receive,
and for how long - usually a period of between 10 and 35 years.
The
income is payable quarterly, starting on the date of death
and running until the end of the term of the policy.
To
take out the CIS Income Benefit Assurance you must be between
17 and 65 next birthday when the policy starts.
The
term can be from 10 to 35 years, but must end on or before
the 70th birthday of the person whose life is assured, and
the minimum sum assured is £5,000.
CIS
Income Benefit Assurance can be included with Whole Life Assurance
- if it is, the term of the assurance must end on or before
the 75th birthday.
For
further information on CIS Income Benefit Assurance visit
the CIS website.
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