Life insurance is not a legal requirement when you take out a mortgage but it would seem to be one of the most important insurances to have in place, especially if you are joint property owners.
Life insurance for a capital repayment mortgage should be recommended on a decreasing basis in line with your mortgage and term to ensure that if either of the mortgage party were to die during the term then the outstanding mortgage balance would be paid in full. This is especially important for families to have in place and is relatively cheap for the peace of mind that the insurance provides.
If you do not have a mortgage but you have dependants then a level life insurance policy for a set period of time would be more suitable. This is something we can discuss in greater detail and would would be happy to provide you with some options.
If you are single this type of insurance may not be your biggest concern as you have no beneficiaries which is completely understandable.