Rachel Smith

Two-fifths of homeowners are failing to protect their financial wellbeing by not taking out life insurance due to commonly held misunderstandings and concerns about affordability.

Posted 26/01/2022 Life insurance provides protection to individuals and their dependents in the event of the policyholder’s death, meaning outgoings like mortgages and household bills can be covered. However, MoneySupermarket found that only 58 per cent of homeowners have life cover, while 40 per cent have avoided taking out a policy. The top reasons cited

Two-fifths of homeowners are failing to protect their financial wellbeing by not taking out life insurance due to commonly held misunderstandings and concerns about affordability. Read More »