Want to protect your children’s future?
We know that having a child is a very, very exciting time, and it is truly a life changing experience. Your world opens up to all sorts of new challenges and responsibilities, and as your family grows, ensuring that you have the right measures in place to protect it is crucial.
With a growing family, you may find your expenses growing, so you’ll want to ensure any life insurance policy you consider should cover everything you need.
Not just that, but you’ll want to make sure, should the main breadwinner in your family unfortunately pass away, that the rest of your family will have the provisions to support and look after your children’s needs.
As a rule of thumb, you’ll want to generally ensure that the value of your life insurance pays out to around 10 times the value of your annual income.