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Life insurance can be one of the most important things you’ll ever buy. So why do many people assume it’s only for homeowners with families?
Kicking the bucket. Cashing in your chips. Going for a Burton. Heading to the great gig in the sky. Whatever you like to call it, death is a daunting subject few of us are fond of talking about. Our profound discomfort when it comes to discussing the “destination we all share” (Steve Jobs) also means we procrastinate or avoid things that focus on it.
Take life insurance. Many of us would feel hugely reassured knowing that, should we pass on, loved ones would be financially secure, even enjoying the same living standards as they did before. Yet, our unwillingness to broach our departures (spoiler alert: it will happen) also means there are some widely held misconceptions about life insurance. Here, the Guardian and Aviva embark on a debunking mission to separate fact from fiction … Continue reading...