Top 10 Family Life Insurance – Get our quote in a couple of minutes

It's a policy that pays a lump sum if you die, but it also covers your children up to a set age. The payment you choose for yourself is usually much higher than that for your child. How does family life insurance work? Life insurance pays a lump sum if you die during the term of the policy and some insurers allow you to add coverage for your child. Adding coverage for the child also means you will receive lump sum if they die before you, up to a predetermined age. This could give you financial support while taking some time off for the pain.

Here's how to choose the right type of life insurance

How to choose the best policy? To get the right policy, you need to: Choose a payment amount: this will be the lump sum paid if you die during the life of the policy. The higher the payment, the higher your rewards. You only get the coverage you need to save money, e.g. enough to pay off the mortgage.
Decide how long the policy should last: choose a term that suits your needs, but the longer you choose, the longer you pay the premiums. Most policies have age limits, so options become more limited with age.
Consider the age of your child: you can add your child to a life insurance policy, be it your own or a joint policy with your partner. This comparison shows the maximum age that your child can have to be added to each policy.

Once you know what you want from a policy, you can get quotes to find the best price.

Here's how to reduce the cost of life insurance