Nearly one in three adults in Britain – about 15 million people – have no form of life insurance, according to a recent study by the Daily Telegraph. Combining this finding with the research by accountants Armstrong Watson, which highlights the fact that almost nine out of ten adults do not have a will, [...]

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Life assurance is defined as a report by the insurer and the owner of the policy. These are agreements between insurers to pay the amount for the designated beneficiaries to insured for the occurrence of certain circumstances, such as medical and health, accidents, as well as funeral expenses. The owners of the policy agree [...]

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