Buying life insurance might be one of the most important things you do in life. After all, the right cover could make all the difference to your loved ones when it matters most. So, how do you decide how much coverage to get?
First, consider your daily expenses. Managing a family can be expensive, how much would your family need to carry on if the worst happened? Do you have loans or car repayments? Think about much your family would need to help pay for these. Do you want to help provide savings for your children’s education? If so, factor this in too.
Depending on your age, you could get up to $1.5 million worth of coverage with Cover Direct. With the right protection in place, you can have peace of mind knowing that your family has the support it needs if you’re no longer around.