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Life Insurance Cover provides you with insurance so that in the event of demise or if you are diagnosed with an incurable illness, the policy would pay out a lump sum of money. When you are taking out life insurance cover, you can opt whether or not you need to add a partner to the policy. If you chose to add a partner to the policy, the lump amount would then be rewarded on the primary claim. The requirements of taking out a life insurance policy require you to be between the age of 16 and 89 but it is generally up to you what length of time you want the period of the policy to be. Please note that this will depend on your age when you take out the policy. You will also have the opportunity to add 50 plus life insurance to your cover which would then add your children to your policy automatically. The quantity of cover that is provided for the children differs for all insurance providers so you would need to check depending on which insurance provider you go with.