Life insurance is particularly beneficial if you have a family or dependants as it will ensure they are taken care of in the event of your death. Life insurance can also be offset against inheritance tax.
If you do not have any dependants it may be better for you to save your money or invest it in other ways.
The amount you pay for a life insurance policy will vary greatly depending on your circumstances, such as your age and current state of health.
For further information visit Life Insurance.