Another alternative to putting a lump sum in place is to choose a monthly income benefit for you or your partner. Some clients find it challenging to decide what level of lump sum cover they should take out. However most clients should be able to work out how much they take home and how much they spend each month. As a result, they can take out the amount of monthly income benefit cover that matches their needs. The income benefit guarantees to pay the monthly income until the end of the term. So for example, in a case with a 20-year term, if a claim is made in year 6, the benefit will be paid each month for the remaining 14 years. Similarly, on a 20-year term, if a claim is made in year 14, the benefit will be paid each month for the remaining 6 years. The income benefit will help your customer to manage their monthly income and, because of the structure of the benefit, will be cheaper than putting a lump sum in place.