Why Do I Need Life Insurance?
There are many reasons to get protected, below are just some small examples of what can happen. This is not to frighten you, these are the real facts of life.
It is not a case of can i afford life insurance it is more, can i afford not to have life insurance.
- 1700 people die in the UK every day.
- 1 in 6 of all deaths occur before age 65.
- 1 in 3 people in Britain will have cancer diagnosed at some point in their life.
Life insurance provides valuable financial protection for your family in the event of your early death. Most people have life insurance to pay off their mortgage loan on death. Further insurance will also enable your family to pay all the other remaining household bills on death and can help you cope with the financial difficulties arising from being seriously ill.
It is a sobering thought that people insure their cars, home contents, mobile phones and even their pets, but fail to insure themselves for the correct amount, risking a financial catastrophe for their families. Life insurance is not expensive and will remove this financial risk.