“Over half of parents risk financial security due to lack of protection”

May 28, 2024 | Life Insurance

In days of yore, when most of the older generation of financial advisers were selling life insurance, those with young families were told often in no uncertain terms, that they should have protection in place. ‘If you or your wife died tomorrow, how would whoever’s left cope financially?’ ‘How long would they pay you if you’re off sick? Could you still pay the mortgage?’ And so on. I doubt many are asking those questions today, and they’re questions not many wish to ask themselves. Most should have mortgage protection, life insurance to provide cash on death to keep the show on the road, and income protection unless they have a very generous employer. At the very least. Oh, and don’t forget to make a will.

Read more here