How does family maintenance insurance work?

Family maintenance insurance is designed to provide financial support to the insured's family in the event of their death. It typically offers a mechanism where the insurance policy pays out a level monthly income for a specified period, alongside a lump sum face amount upon the insured's death. This dual benefit is particularly useful for families, as it not only addresses immediate income needs during a critical time but also ensures that there is a substantial amount available for long-term financial obligations or future planning.

While other options may touch on aspects of life insurance, option C specifically captures the essence of family maintenance insurance by highlighting the structured monthly income, which directly aids dependents in their financial planning and stability after the loss of a family member.