Half of co-habitating Britons do not have any life insurance and many could not afford a funeral if their partner or spouse died, new research has found.
It also revealed two thirds (66%) do not have a will and that despite not financially planning for the worst many have joint commitments together such as mortgages. The survey of 2000 married or co-habiting adults in the UK was carried out by Onepoll on behalf of Confused.com and found that 50% of people living with their partner do not have life insurance. More than a quarter (28%) said they could not afford a funeral if their partner or spouse died, with 33% turning to family for financial help, 19% taking out a loan and 20% putting it on a credit card. One in ten (9%) said they ...
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