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	Life Insurance Pays

Invest in a Life Insurance Policy for Your Family's Future

London (PRWEB) May 31, 2009 -- The average household debt in the UK now stands at £59,765 (including mortgages), as unemployment increases by 1.5 percent to approximately 6.7 percent of the population in the past year. In addition to this, it has been reported that university fees are set to rise substantially to £5,000 per year by 2010. With all this in mind, financial family planning has never been more important - and life insurance (http://www.postoffice.co.uk/portal/po/jump1?catId=19300223&mediaId=61000695) is a key element of forward planning that is often overlooked.

Worryingly, Post Office Life Insurance (http://www.postoffice.co.uk/portal/po/jump1?catId=19300223&mediaId=61000695) research has discovered almost half of UK adults have invested in a private pension to ensure they are financially independent when they retire but only a quarter have taken out a life insurance policy to ensure their loved ones are financially secure should the unforeseeable happen to them.

The research also shows that there are certain triggers that cause people to consider taking out a life insurance policy. The most popular incentives include having a child and marriage. Fourteen percent of people stated that they would get life insurance once they had children. Ten percent would take out a life insurance policy when they were married, highlighting the role which life insurance plays in family planning.

At a time when every penny counts, the expense of a life insurance policy may seem like an extra burden. However, with a range of cheap life insurance quotes available on the market, people can protect their loved ones and have much-needed peace of mind from as little as £5 per month.

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