Adequate life assurance is the cornerstone of sensible financial planning. It is essential that you effect enough life cover to ensure that your dependents will be able to meet their financial commitments and maintain a comfortable standard of living in the event of your untimely death.
More often than not, ones focus is solely on providing cover for a premature death, however, if you become seriously ill it can be far more devastating financially. At a minimum you must ensure that your debts would be paid. This can be achieved by taking out serious illness and/or income protection cover.
