Life insurance is a simple means by which you can plan for the future, giving yourself and your loved ones peace of mind that will be financially secure after your death. For most people the overall objective of life insurance is to maintain standards of living for their dependents after their death.

As a rule of thumb, the loss of a partner will result in a fall of approximately 30% in the expenditure of a family. You should be looking at cover of about five to ten times your annual salary.

However, everyone’s circumstances and requirements differ so it may be more prudent to take a more scientific approach. Which type of product is right for you?

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