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Preserve your pension fund:
Life insurance or life cover is a means of ensuring that your family or dependants are financially secure after your death. It can also be used to settle debt, outstanding bonds and other financial costs in the event of death and enable business partners to continue running your business without added capital strain.
Things to consider when investing in life insurance is the amount of cover you need, how it will be paid out and if there are options of having readily available cash while your estate is being wound up. Start by getting a life insurance quote from your financial adviser.