What is life insurance for?

What is life insurance for?

Answer

Life insurance is a way you can provide for others after you die, so they can be financially secure. For example, It can be used to repay your mortgage so your family won't need to worry about the repayments or be used to pay household bills and the costs of raising your children.

You can read our 'things to consider' to help you think about some of the options you have with your policy and how it might affect it in the future, such as how much cover you might need.

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