26 Jan Dicing with death and insurance cover Not all death comes quickly. The unfortunate truth is that a very large proportion of death is preceded by a period of terminal illness. As insurance advisers we are usually pretty good at calculating the financial loss that happens on death, particularly to families. The biggest is the loss of the deceased's income, which is completely lost forever (well until they would likely have retired anyway) and there are often additional expenses.
Not all death comes quickly. The unfortunate truth is that a very large proportion of death is preceded by a period of terminal illness. As insurance advisers we are usually pretty good at calculating the financial loss that happens on death, particularly to families. The biggest is the loss of the deceased's income, which is completely lost forever (well until they would likely have retired anyway) and there are often additional expenses.