Life insurance do I need do I not need it ? can I afford life insurance, times are tough at the minute is this something i really need ? And the next big question is
How much does life insurance cost? Well it will depend on what you need – to answer the questions – you can get get basic cover that will pay out in the event of your death for as little as ten to !5 pounds a month. Yes it is important if you want to protect your family in the event of your death. The last thing they need to be worrying about is how to pay the bills. And yes even in these hard times this is not something you should cut back on, life insurance probably costs less that a family take away meal. It’s easy to get quotes on line and there are even some really good sites that can tell you what is the average price of life insurance.
The best thing to do is take advise speak to an independent Financial services adviser or go online lots of companies have a tool for working out costs of life insurance based on what you need. Remember though life insurance pays out in the event of your death and how much is determined by how much you pay in. You can look for other policies that pay out a after a certain period of time or actually cover loss of income in the case of illness – these are different and can and inevitably will cost more per month. So answer the question how much does life insurance cost by going online or calling an FSA for advise.
If you have a life insurance policy and you want to cancel it to change it for another one you can get some great insurance sample cancellation letters on line in template format to help you.
Your family will thank you for forward planning for the future if the unthinkable happens. None of us want to think about this but we really must it’s so important.