Do you need life insurance?

A life insurance policy could provide a much-needed safety net for those left behind, should the worst happen. How do you work out whether you should have it, what policy to get, and how much cover you need?

Parent holds his young child on his shoulders as they face away from the camera
Life insurance is intended to help make sure loved ones are not left with a financial burden when the policyholder passes away.
(Image credit: miniseries via Getty Images)

Life insurance can provide financial support to loved ones once you have passed away.

While it involves making regular payments throughout your lifetime, having a policy in place could be important for families, helping them to tackle important life administration.

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Rebekah is a news and personal finance journalist with extensive experience in digital journalism. She is currently Newsletter Editor (Global) at TheWeek.com, and a regular contributor to The Week Unwrapped podcast. Rebekah was previously Senior Personal Finance Reporter at Express.co.uk. Her interests include pensions, savings and money saving tips.

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