Do women need life insurance if I don’t have kids?

Many women still have financial responsibilities (rent/mortgage, debt, family support). Life cover can also be relevant if someone depends on your income now or in future.

Isn’t insurance through super enough?

It can help, but many people find the default amount isn’t enough to replace income, clear debt, or fund childcare and other costs

What’s the difference between life insurance and income protection?

Life insurance usually pays a lump sum if you die (or are terminally ill). Income protection may provide a regular payment if illness/injury stops you working (policy terms apply).

What’s “underinsurance” and why does it affect women?

Underinsurance is when cover exists but isn’t enough to meet real costs in a crisis. It can affect women where household cover focuses mainly on one partner and doesn’t account for the woman’s income and unpaid contribution.

How do I work out how much cover I need?

Start with debts, ongoing bills, how long you’d need income replaced, and future costs like childcare or education. Then compare that to existing cover and identify the gap.

Why don’t women take out life insurance – and why it matters more than we think

ProtectionArticle22 June 2026

Author: Naomi Holmes
Credentials: Podcast Host and Founder of Her Money Matters and financial services professional (25+ years experience).