Direct Line Life Insurance Critical Illness Cover: Amount of Cover

How much you should take out is something you must consider. There is not a definitive answer, but you may wish to think about some of the following:

What do you require the life cover for?

• Security for your family/partner.

• Required to pay off your mortgage or other loans.

There are other considerations which you should then take into account:

• How much is your mortgage.

• What type of mortgage do you have.

• What are your general family living expenses.

• For how long will your partner and/or children be dependent on your income and what education commitments might you be required to meet.

• If you have other savings what might it earn for family income. You should also allow for a reasonable rate of inflation as life cover is generally a long term purchase. For example compare prices now to ten years ago. It really is up to you, you should consider what income would be required should you die or suffer a critical illness to keep your dependants in the same lifestyle and standard of living as they have now. Also note this will not just be for one year, but possibly a number of years, especially if your children are young. It's tempting to put off any decision about taking out life cover but beware:- • Approximately 1,700 people die everyday in the UK (Source: The Office for National Statistics). • Every year that you delay increases the cost.

Link to previous articles: Life Insurance with Critical Illness Cover: Types of cover Direct Line Critical Illness Cover Overview Directline European Breakdown Cover: Travel claims FAQ Directline European Breakdown Cover: Travel claims Directline European Breakdown Cover Summary Directline Travel Insurance: European Breakdown Cover