If you die before retirement age – how do you provide for your family?

If you take out cover for death, your family will have financial security if you die before reaching retirement age.

If you have children, you should consider children’s pension. You can provide financial security for your own children and your spouse’s/cohabitant’s children. The insurance will remain in force until the child reaches a certain age – maximum 24 years.

Make sure that the right persons are nominated as beneficiaries in your pension scheme to ensure that they receive your pension when you die. This is particularly important if you and your partner are not married or if you have recently ended a relationship or marriage.