Life insurance

Life insurance is one of the most common types of insurance and offers cover to your family if the policyholder were to die. Typically, this will involve the payment of a regular income or to pay off a family's mortgage debt or a combination of the two.

There are many other similar types of insurance such as best term life insurance, life and critical illness insurance and whole life insurance. There are different types of life insurance products available which include level and decreasing term cover.

	Diverse modern families less likely to have life insurance Households comprising same sex couples, single parents and unmarried parents are less likely than 'traditional' families to have life insurance, a new study shows.
	The biggest mistakes you can make with life insurance Life insurance is not just a type of insurance for the main breadwinner who has a family. Life insurance can benefit a variety of people but you need to check the options carefully.
	Shopping around for life insurance ‘can save up to £200’ A huge price gap between the highest and lowest costing life insurance policies means consumers could save hundreds of pounds by taking time to shop around.
	LV= paid out on 95% of protection claims in 2012 Insurers LV= said that it paid out on 95 per cent of all underwritten protection claims in 2012.
	A guide to life insurance, income protection and critical illness cover Consumers can find it difficult to decide which type of protection to take out depending on if they want to insure their home, job or life. Our guide explain the options.