How do you know when it's time to get life insurance? Isn't it just another expense - and one that you can't actually benefit from until you die? These are valid questions and ones that most people probably ask themselves.

In this post, we hope to simplify the rather complex and frankly, depressing subject of life insurance by breaking down 5 key signs that it may be time to invest in a good life insurance policy. 

1) You're Buying a House

It's a great idea to get life insurance when you buy a home so that your partner or family can pay off your mortgage should you die before it's paid in full.

2) You're Getting Married

It can give both you and your spouse real peace of mind to know that they'll be provided for after your death. This can be especially important if you are the main breadwinner of the family.

3) You're Having a Baby

Your children are your financial dependents and as such, it's a great idea to make sure that they'll still have some form of income should you pass away. A life insurance policy gives you and them that additional security.

4) You Want to Avoid Inheritance Tax

Inheritance tax can be a real pain for those wishing to leave money to their family after their death. A life insurance policy that covered the tax bill would ensure that your loved ones receive everything you want them to.

5) You Want to Plan for Your Funeral

The average cost of a funeral is nearly £4000 and this can often be a heavy burden on your family after you've gone. A life insurance policy will make sure that they can cover these costs without problem. 

Is it Time to Get Life Insurance?

If you've decided it could be time for you to invest in a life insurance policy then we'd love to help you find the right one for your circumstances. To arrange a free consultation just pop your details in the contact form below and we'll be in touch.

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