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Rose Money Minute

5 Tips For Cheaper Life Insurance Premiums

5 Tips For Cheaper Life Insurance Premiums

Most people know that life cover pays out a lump sum if you die. But far less know that you can buy cover that pays a regular tax free income instead of a lump sum. It’s official name is Family Income Benefit and is often cheaper than the more common Level Term lump sum payout option. So why would an income be better than a lump sum?

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