Life Assurance is primarily used to provide money on your death, for people who financially depend on you e.g.

	mortgage – if the house is to be lived in by your partner/children then it is normal practice to ensure the mortgage is cleared on death
	dependents – if you have children then the proceeds of a life policy may help to provide for them
	debts – all debts should be cleared on death if at all possible
	business partners – lifecover can be used to take the pressure off business partners in the event of your death.

There are many types of plans available and the cost may not be as expensive as you may think.