50 is the new 40 and it has been for a while now apparently, but that does not mean you can’t plan for the future a little bit and make sure that your loved ones have some kind of security should something happen to you. It’s actually very easy to sit back and assume that now the kids have left home and that the mortgage is paid off that you’re all sorted. However, with things like inheritance taxes and funeral costs to consider when someone passes away, it can be a real struggle for those left behind.
The average funeral costs around £3200 now, which means that your family will have to arrange this should you die. This can be a real struggle during what is already a difficult time, which is where 50 and Over Life Insurance can really help.