Please cover yourselves, urge CIS

Independent financial advisers insist, quite rightly, that even simple life products like term assurance can be complicated - if, for example, you are a single parent and need to have the policy written in trust - and that advice is essential. But clearly they are not getting to the people who need this advice. Research from Co-operative Insurance reveals that 47% of people in the UK are without any form of protection insurance. Clearly if you are an elderly single person with no dependents, it is arguable that you don't need any life assurance. But pensioners make up only one-sixth of the population and a high proportion are still married...

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Americans Don't Get Cheap Term Life Insurance

Aging populations, the Internet and a number of other factors in recent years have forced down the cost of term life insurance.

Yet many Americans are still holding on to more expensive policies bought years ago or simply haven't insured themselves highly enough. Experts say the two-to-three times salary that many employers offer staff isn't enough to leave dependents, yet not enough people complement this coverage with other policies...

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