LifeSearch reveals UK's 'worrying' lack of life insurance cover

According to the firm's Health, Wealth & Happiness Report 2017, just over a quarter (27%) of over-55s had life insurance and were the most under-insured out of all of the age groups surveyed. Just 2% of over-55s said they had cover arranged via their employer. The over-55s were also insured for the lowest amount across the three age brackets included in the research - at £72,690 on average. In contrast, nearly a third (31%) of 18-34 year olds said they had life insurance - 5% of those via their employer - and were insured for the most out of all the age groups - at an average £148,396...