How can life insurance make you happier?

Happiness is having peace of mind. 

When you’re busy getting on with life it may seem a little morbid to think about the time when you won’t be around anymore. But a little planning now could give you peace of mind and save your family the worry of not having enough money to pay for your funeral. In fact, it could be one of the most important gifts you leave them. 

In 2015, the average cost of a funeral in the UK is £3,702. Would your family have enough money to pay that bill?

One of the ways you can protect them is by taking out over 50s life insurance. These types of policies pay out a lump sum when you die, that your loved ones can use to help pay for your funeral or anything else they choose. 

The great things about over 50s policies are that:

  • They may have low monthly payments.
  • You won’t have to answer questions about your health or have a medical examination.
  • They pay out a fixed amount of money on your death, so you’ll know exactly how much your loved ones can expect to receive.

As you might expect, not all over 50s policies are the same, so it’s a good idea to shop around. A big worry with them can be that you won’t get anything back if your circumstances change and you can’t afford to keep paying your premiums.