Life Cover
This type of insurance will pay out a lump sum amount in the event of your death or if you are diagnosed with a terminal illness with a life expectancy of less than 12 months.
When looking at amounts of life cover things you might want to take into account are;
- Clearing all debt
- Providing a continuing income stream for your spouse or dependents
- Providing for ongoing educational/childcare expenses for your children
- Providing for funeral expense

