What will your employer provide?

Death isn’t the easiest of subjects to think about, and dying while still at a working age is always a particular tragedy, both for the individual and their family.

Some employers might offer a certain amount of life cover benefit as part of their employee benefits package.
This is commonly known as 'death in service' benefit and is essentially a life insurance policy.
Death in service insurance may help the family and next of kin deal with at least some financial issues under such circumstances.
Whether you’re covered, and for how much, will depend on your specific employer, so you should check with them to find out the details.
The amount of cover provided is normally either a multiple of your salary or a fixed amount, and will be paid out tax free to your next of kin.
You may want to check whether this pay-out would be enough to provide your loved ones with the financial security you want for them, if they had to manage without your income.