Life insurance provides valuable peace of mind that your family or other dependants would be fi nancially protected if you were no longer around to provide for them.

As a minimum, it’s important to ensure you have enough cover to pay off your mortgage, as this is likely to be your household’s largest single outgoing. It’s also worth reviewing how much other debt you have, such as personal loans and credit cards.

Consider too whether you want additional protection to cover childcare costs, education expenses or household bills.

Consider critical illness cover

It can be worth adding critical illness cover for an extra premium. This would pay out a lump sum if you are diagnosed with an illness or condition listed on the policy.

Protect your income

Income protection can replace a percentage of your salary if you can’t work due to an accident or illness, helping you to keep up with fi nancial commitments until you recover.

Time to face up

In this unpredictable life, accident or illness can strike at any time – whatever your age – so it’s worth thinking about how you or your loved ones would cope should the worst happen. Life insurance provides crucial peace of mind that those we leave behind won’t suff er fi nancially, while Income Protection and Critical Illness Cover are a vital defence against loss of income and serious illness.