Do you have enough cover in your 30s and 40s?

Many people in their 30s and 40s might be slipping through the net when it comes to protection, as research indicates that this age group are most likely to be insufficiently insured (1)

Do you need a higher level of cover?

If you have children who are dependent on you and your financial stability, simply covering your outstanding mortgage, won’t be enough cover. You also need to consider the cost of raising a family so that your loved ones are sufficiently supported should the worst happen. After all, money should be the last thing anyone has to worry about if their partner dies. Despite the need to be protected, only a quarter (26%) of couples with children have adequate life cover. 

Is your insurance up to date?

Overlooking your protection is easily done – the 30s and 40s are usually decades of significant milestones, so it might feel difficult for you (and your insurance) to keep up. However, putting some time aside now to review your protection needs could have a significant beneficial impact on your family’s future financial security. It is particularly important to check your cover if you have recently welcomed a child into the family, tied the knot, bought a home or become a carer for an unwell relative.

As with all insurance policies, conditions and exclusions will apply 

(1) Hargreaves Lansdown