He added that it was best for people to buy the cover at a young age when it is most affordable, before suggesting that people should consider taking it out when they get their first mortgage.
Discussing life insurance, Mr Mansley said: "If it's a single person looking to buy a flat by themselves, and they've got no dependants, then we wouldn't really worry about a lack of life cover.
"However, if it's a young family with children then we would very much make them aware of the need for [life insurance]."
Based in Manchester, Key Financial Consultants is a Financial Services Authority-regulated and authorised independent financial advice firm.
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