Life insurance advice

Maryes85

Hi
I’m 32, do not have a mortgage or dependants as yet (one day I plan to). I am also in good health.
I am now earning good salary so would like to take out life insurance policy with critical illness cover. Wherever I look it’s all depending on mortgage and children for the length and amount of cover.

Please can someone advice what length and amount of cover I would need?

Kind regards
Mary smith

Malc00

What is making you look into life and CIC cover? That might help you understand what term you require and how much you need.

I would suggest that if you are looking for an income replacement if you were ill to explore income protection. This provides a monthly income if you aren't well enough to work after a deferred period as opposed to a lump sum through Critical Illness Cover and it has to be one of the conditions covered.

EdGasketTheSecond

You don't need life insurance with no dependants. Sounds like you want illness/injury cover only which is different. Life insurance pays out a lump sum only if you die; not much use to you then.