Life assurance – how much is enough?
According to Sainsbury’s Bank (as at March 07), the average adult is underinsured by £59,000. Do you need to worry?
If you are single with no debts and no dependents then probably not. But, if you do have dependents and commitments which depend on your salary, or simply have debts which your next of kin could not pay off, then yes, you do.
Life cover will ensure your family's financial security should the worst happen. Planning for this is not easy, particularly while we are young. However, this is the time when our commitments and our security are most at risk and our families most vulnerable – and as a result when life cover is most crucial.
For more information and a free initial appointment, please contact our Independent Financial Advice Team on 01900 603623.