Life Insurance can provide your family with the financial security they need when you pass away. Life Insurance is designed to provide a benefit in the event of death, typically a lump sum payment. There are many different types of Life Insurance products on the market. Therefore it is recommended that you take financial advice from a qualified independent professional to determine how much you require and the type of product that best suits your specific requirements. There are additional benefits that can be added to a life insurance plan to enhance cover and some which are essential for future cover.