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|With compare life insurance companies you can compare life insurance policies from all the best compare life insurance companies at a glance and find the best life insurance quotes available for a quality yet cheap life assurance cover. Whether you're looking for whole life insurance, term life insurance or over 50 life insurance we make it easy to find the cover that's right for you.|
Should you buy life insurance?
The reason for buying life insurance is quite simple. Your family will receive a lump sum payment (which could also be a series of smaller payments or even a monthly income) in the event of your unexpected death, which can reduce the likelihood that an already highly-traumatic situation will not be exacerbated by financial worries.
The money can be used for a variety of useful and necessary things, such as paying off your mortgage, meeting bills and day-to-day living costs, funding your children’s education and – while it sounds morbid – even to cover the cost of your own funeral.
But, before you start shopping around for the best life insurance deal, it’s important to get to grips with the different types of life insurance cover available.
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