British Friendly launches terminal illness benefit

Income protection mutual British Friendly has added terminal illness benefit (TIB) to its mutual benefits offering. With TIB, British Friendly members will have the option to receive an early payment of death benefit or bereavement benefit lump sum payment if they or their partner, spouse or child is diagnosed with a terminal illness. Available to new and existing members at no extra cost, the lump sum payment will equate to 26 weeks of income protection benefit for members who are diagnosed with a terminal illness or 13 weeks of the member's income protection if their partner, spouse...