Life Insurance Provides Financial Reassurance for Hundreds of Claimants Per Day

London, UK (PRWeb UK) January 23, 2010 -- The average claim on a life insurance (http://www.postoffice.co.uk/portal/po/jump1?catId=19300223&mediaId=61000695) or critical illness policy has reached as much as £52,000 - double the average annual UK salary - according to the most recent data published by the Association of British Insurers. The research also revealed that more than 100 people claim on life insurance (http://www.postoffice.co.uk/portal/po/jump1?catId=19300223&mediaId=61000695) policies every day .

However, despite the benefits and peace of mind offered by life insurance, 41 per cent of people in the UK do not currently hold a life insurance policy . And while around half of people aged between 20 and 60 in the UK plan for their futures with a private pension , not all (so we know how many) of this group invest in life insurance to protect them later in life to ensure that loved ones are financially protected should the worst happen. The Post Office Life Insurance is urging customers to consider the benefits of taking out a life insurance policy, and also reminding people to make sure they're chosen policy meets their individual circumstances before investing in a life insurance plan

Post Office Life Insurance is also recommending customers with an existing life insurance policy to make sure it is still up to date and fully meets their needs, especially is their circumstances have changed since the life insurance cover was arranged.

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