Life Insurance in Which? list of Top Financial Products!
Which? has announced that Life Insurance features in it’s new list of best financial products! Other financial products that made it in to the top list of 11 included Income Protection and Travel Insurance.
Which? added that life insurance is a must-have if you have dependants, saying: “It’s not a pleasant thought, but, if you die young, you need to make sure your family is covered. Don’t put it off either, the younger you are, the cheaper it is.”
It also highlighted the importance of having a comprehensive will to protect your wishes.
“Wills aren’t something you really want to think about, but not writing one could mean real financial worry for your family. Making a will ensures your money goes to who you want it to,” it concluded
After my blog yesterday about the small number of families in the UK who have protection policies, I was starting to think that Life Insurance wasn’t’ getting much positive press. This news from Which? is really refreshing to hear and it’s important that those with dependants understand its vital to have some kind of life cover in place!
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It also highlighted the importance of having a comprehensive will to protect your wishes.