Things change dramatically when you have a family to take care of and provide for. Priorities and perspectives change, as does your sense of responsibility. So how do you
protect those most important to you?
Protecting the family income stream in the event of sickness, disability or death is usually highest on the priority list at this stage. Without income, the future you planned for your family will be dashed. So, it’s important to cover those risks to your health and wealth first.
Unlikely as it may be, if one or even both parents should die, consideration should be given as to how your child or children will be supported until they are old enough to support themselves. But which type of policy should you choose? Which insurance companies offer the best deal for you and your family?