Savvy Brits are taking out over 50s life cover to prevent financial hardship on their loved ones.
Many people are unaware of the crippling rising cost of funerals and are leaving extra stress to their loved ones. A recent study, SunLife’s Cost of Dying report, showed over a sixth of Brits faced serious financial difficulty and half had to borrow money to cover funeral fees.
Graham Jones, director at SunLife, said “What these findings highlight more than ever is that funerals are costly, and anything we can do now to prepare will help our relatives when the time does come.”
While death continues to be a taboo subject, it’s important that families discuss funeral arrangements so that they are prepared when the time comes. Otherwise, bereaved parties could end up paying over the odds for a funeral the deceased might not even have wanted.
With costs expected to rise substantially in the coming years, it has never been a better time to put some money aside with life cover.
Getting protected is quick and easy with 50PlusLife.uk. We work with expert advisors that have access to the leading providers nationwide and can tailor your cover exactly to your needs.
Life cover ensures that you have some money left to cover the cost of your funeral or anything else you may wish, so that your loved ones don’t have to. That’s why it’s so important to get covered now, before prices rise any further.
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