Please be aware that all applications received from Wednesday 18th December are unlikely to be processed until our office reopens in the New Year.
Many thanks for your understanding, we hope you have a Merry Christmas and a prosperous New Year.
The best way to home in on the figure you need is to ask yourself a series of questions.
Firstly, how much would your partner and/or dependants need to survive?
How long would this money need to last for?
Would the money need to pay off any debts before it starts to benefit your family?
How much do you and your family already have as savings and investments?
Could you rely on an income from this?
You shouldn't forget to take practicalities into consideration such as how much can you reasonably afford to pay towards a policy each month. This should be a balance between ensuring the cover you need is in place and leaving enough disposable income for enjoying life - after all the best outcome is a claim never needs to be made on life insurance.
Do you have any existing life assurance policies?
Is this designed to replace or complement them?
You should be clear on your current policy position before you start to make sure you're not paying out unnecessarily.
