Can I get life insurance through my work?

Some employers might offer life insurance in what’s known as a ‘death-in-service benefit’. This, like regular life insurance, pays out a lump sum if you die while in employment, at a rate that’s usually four times your annual salary.

While it can be a valuable benefit, you might need to take out additional life cover depending on certain factors such as how much you owe on your mortgage, or any financial provisions for your dependants’ future.