TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FAMILY INCOME ASSURANCE [1 record]

Record 1 2016-03-08

English

Subject field(s)
  • Life Insurance
DEF

Insurance that provides an income ... to the beneficiary to the end of a specified period from the inception of the insurance if the insured dies within that period.

OBS

family maintenance insurance: similar to the (family income insurance) with the important exception that the period during which the income payments are to be made commences to run with the death of the insured rather than with the date of issue of the policy.

Key term(s)
  • family protection assurance
  • family income assurance
  • family maintenance assurance

French

Domaine(s)
  • Assurance sur la vie

Spanish

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