Coming to terms with the loss of a loved one is never an easy thing to do and adding financial burden to the grief can make coping increasingly difficult. Life insurance on its own is a relatively cheap way to overcome this problem and receiving a lump sum of money can help to support your family or even a business partner after you die. Some of the reasons to take out life insurance could include:

Repaying the mortgage or any lending commitments
Providing additional cover to protect the family
Provide cover for education expenses

Whatever the reason it is important to ensure your family can maintain the standard of living to which they were accustomed.