Life assurance plays a critical role in professional financial planning. One of the key elements of financial planning is to look at “What if?” scenarios. Unfortunately, death is one such scenario that needs to be considered. However, life assurance can provide security against a range of challenges in the event of death.

None of us want to think about the impact on the lives of those close to us in the event of our untimely death. However, this is something that needs and deserves careful planning. One opportunity we all have is to ensure that financial stress is not added as an additional burden at this very difficult time.

By using life assurance, you can ensure financial security for your family in the event of your untimely death. You can ensure that your family have sufficient financial resources to continue their lifestyle without you. This removes one major cause of worry as they deal with their loss. Of course, if you are married, it makes sense to have life assurance cover to cover the loss of either you or your spouse.