A family income benefit rider provides steady income to beneficiaries to cover monthly costs beyond the lump - sum death benefit in the event the insured dies prematurely,. (policygenius.com)
In the event the insured dies prematurely, a family income benefit rider provides steady income to the family beneficiaries to cover monthly costs beyond the lump - sum death benefit payment. (policygenius.com)
«The solution is an equity indexed annuity with a lifetime income benefit rider,» he explains. (newretirement.com)