Nearly two-thirds (63%) of those aged over 50 are worried about the increasing price of their insurance premiums, according to research by Scottish Friendly.
The research covered 1,000 individuals aged 50 or over and found that nearly half (47%) have experienced a rise in their premiums compared to one year ago. Additionally, nearly half (46%) of respondents are also worried that the value of their plan will be "less than they hope". Meanwhile, 63% of respondents with an Over 50s life insurance plan stated that the rising cost of living has meant that protection has become more important as families are being put under greater financial pressure. More than half (57%) of over 50s explained they take out an insurance plan to pay for their...
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