Tim and his wife Sue bought their first home which they had been saving hard for, and happily moved in with their two young children.
They decided to look at buying life insurance to cover the mortgage with extra to provide Sue with a regular amount of income while the children were young. Their budget was tight and they weren't sure whether they could afford the $95 per month for the life insurance to cover both of them, but with 2 small children they wanted each other to have certainty and cashflow should something happen.