Life insurance company point out lack of will

Mon, 11 Feb 2008

According to fresh research from financial services group and life insurance company Friends Provident, as many as 75 per cent in the UK do not have any kind of will. The absence of a will could lead to financial issues should the individual die, say Friends Provident .

The director of marketing at Friends Provident reportedly commented: "Where there is a will there is a way… to determine exactly where your hard earned cash and assets go when you die. Our research found that 43% of people don’t currently have a will but do plan to make one. Let us hope it is something they decide to put into action soon rather than delaying. Planning for what would happen to your money after your death isn’t pleasant and it might seem easier to ignore, but it may help safeguard your family’s future."

Friends Provident offer a variety of life insurance policies, including life cover, which provides a cash sum should the policyholder die during the term.
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