Life Insurance – Forums


Hi all,

My wife and I don’t currently have a life insurance policy for either of us.

We own our home (approx £135k mortgage remaining) and have 3 children, all under 5 years of age.

I have a death in service cover which is 4 x salary – approx £180k.

I’m looking to take out a joint life insurance policy to cover both of us which would include the following:


My net monthly income until children are 21

A lump sum

Likely total cover would be approx £750k.

I’m just looking for some advice or a view from those in potentially similar life circumstances as to what policy they have taken out and what level of cover, etc.

Ideally premiums would be no more than £50/month.


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