I am looking to take out a life assurance (insurance?) policy so that my family is looked after in the event of the death of either myself or my wife. We have three kids. At the moment, I am the only one in paid employment. We have a seperate mortgage protection policy.
Typically, how much level of cover is needed in these circumstances?
PS - I am looking at taking out a dual life policy, indexed linked, with a conversion option at the end of the term.
Thanks for any advice.
Typically, how much level of cover is needed in these circumstances?
PS - I am looking at taking out a dual life policy, indexed linked, with a conversion option at the end of the term.
Thanks for any advice.