Ask someone who has life insurance why they do, and they will probably tell you it is to protect their family in the event of their death. This type of insurance, called family protection, is important, but another important component for any homeowner is mortgage protection insurance.
In today's world, it is almost as likely that the primary wage earner in a family is going to be the woman as it will be the man. With the shift in attitudes and responsibilities, it is puzzling that many people's attitudes about insurance haven't changed, and frequently the only person covered in a relationship is the husband. Why is it, then, that so many women remain without life insurance cover? Perhaps they do not want to bear the added cost, although, with policies starting at £6 per month (as little as 20p per day), life insurance can be very affordable.