Death in service pays out a lump sum, if you die whilst employed by a company that provides this benefit as part of your overall employment package.
Death in service is a scheme normally offered free of charge, as part of the benefit package from your employer.
If you leave the company and don't have alternative cover, your family could be at risk.
Death in service is normally three or four times your annual salary. Schemes are often set up under a discretionary trust, this means you can't be assured who will receive the benefits in the event of your death.