Kelly, 26, and Ian, 27, have just married and moved into a new home, financed with a joint 25-year r...
Kelly, 26, and Ian, 27, have just married and moved into a new home, financed with a joint 25-year repayment mortgage of £126,000. Kelly earns £24,000 working as a marketing executive and Ian earns £18,000 as an administrative assistant. They are planning to start a family in the next few years, but first want to pay back as much as possible of an £8,000 five-year loan, which they took out to help finance their wedding. Both Kelly and Ian are in good health and have no other debts other than these loans. However neither has life cover or any other protection in place. What cover should they be taking out?
