Importance of life cover
Mar 26th, 2007 by complex001
My very good friend has recently become a widow with three little children. Fortunately three years ago she and her husband had seen an IFA. Up on accepting his recommendations they had set up life insurance for them both individually. Although they did not accept the highest level of cover recommended to them, they compromised on a slightly lower amount. Even though this insurance can never replace a loss spouse, it has helped tremendously to my friend overcome this significant loss: she was able to take an extensive time off work and was also able to concentrate on her children and not on financial problems.