...life cover?

This basically means insuring your life.

Being brutally honest, the question you need to ask yourself is “if I die will I be missed, financial speaking, by those I leave behind?”

If the answer is no, then you probably don't need life cover right now.

As you get older, with the increased financial responsibilities that generally brings, then the need to provide for dependents after your death usually increases. There are key times in your life when you need to consider taking out life cover, which include:

• when you buy your first home … and need to take out a policy to cover the mortgage
• when you're in a serious relationship … and particularly when you have children

Life cover is not a way of saving.