No one likes to think about what is going to happen to their family after they are gone.
However, those with dependents have a responsibility to make sure their loved ones will be looked after financially.
Research by Tesco Bank has found that 37 per cent of British families have never spoken about this topic.
This is part of the reason for the development of a family protection gap, as 40 per cent of all parents with children under the age of 18 do not have life insurance.
Of those without a policy in place, 21 per cent said they think about their finances in a day-to-day manner, rather than long-term, while 39 per cent believe they cannot afford to buy cover.
Psychologist Honey Langcaster-James stated: "This issue throws up big, challenging questions about life and death and many would prefer to just stick their head in the sand."
She added families should not point to the cost of life insurance as a justifiable reason for not taking it out.