Getting married & life insurance

There’s a lot to think about when you become a married couple. And a lot to pay for; there’s the wedding itself and then the honeymoon. All of this can leave you with a debt to pay off together; your first official financial goal as a married couple.

If you’re lucky enough to have paid for your wedding in advance then you may be saving for a deposit on your first home, or you may even have a home already and be making steady mortgage payments.

It’s the financial responsibilities which married couples share that can become a huge burden in the event of a sudden or accidental death.

That’s why it pays to plan a Life Insurance premium into your household expenses when you’re planning your shared budget. It may seem like just another expense to add to the list but it never hurts to have some security in place.

Having a life Insurance policy in place is a great way to insure that your financial legacy will remain in place for your children or grandchildren.

A life Insurance policy could fund a beach house build creating a sanctuary for your family to enjoy for years to come. It could put your children or grandchildren through university. It could simply pay off your mortgage, allowing your spouse and family to grow old together, debt free.

When both spouses are covered with a Life Insurance Policy, it takes the stress out of the unknown. Whatever happens, you know that neither of you will be forced to sell your home due to an inability to pay the mortgage.