Family Protection Insurance is usually taken out by couples or people with children to protect one another and the children if something were to happen to one of them. The amount of cover you may need does need consideration whether or not both parents work and loss of income is a consideration. But if one of you does stay at home and looks after the house/children/dog/cat etc there is still a financial consideration in replacing this with childcare for instance. For a couple the most popular cover for this purpose is joint life first death insurance.
If you are looking compare life insurance policies/providers/companies etc it is important you seek independent advice. The reason being that there are so many things that you can compare, the most obvious one, in most cases, being cost. But cost is not the only consideration in comparing what you are getting for your money. Supposing one company offers you more cover for your money but there are exclusions because of the job you do having an element of risk or because of a genetic illness in your family history. Clearly there are many things to compare other than just cost.
As an independent brokerage we act for the customer, not the provider, so we will make sure you are aware of any exclusions that may be hidden in the small print of the T & Cs! Some providers act on a non-advisory basis (also called execution only) which means they are not liable if you later discover an exclusion you weren't aware of. Tragically there are cases where the insurance provider will not pay out on a claim for this reason. We can advise you and are duty bound to provide you with 'Best Advice' based on your needs and requirements!
We currently have some exclusive offers for family protection life insurance from as little as £5 Per Month for £100k cover and you could be 'on risk' today! NO FUSS, NO HARD SELL. GREAT SERVICE, GREAT PRODUCTS & PEACE OF MIND!