You do only have one family and it is your responsibility to secure their financial future. The financial future of your family is dependent on what preparation you make for them in terms of life insurance, as well as in other ways. They would be well looked after if you should suddenly die, become disabled, or lose your job.
Steps to Take to Secure their Future
There are a few steps that you could do to help make this happen.
- You have to set in place your long-term and short-term financial goals.
- The question you do need to ask yourself is whether you do have a financial plan in place, and that includes life insurance.
- If not, it is important that you look at what your expenditure is at present.
- Make a list of all your income – that is, all the moneys that are coming in, but especially the regular income.
- Make a list of all your expenditure –