RESEARCH into attitudes towards life insurance found that three quarters of people in the North-East do not have a will.
The survey carried out by Legal & General Life Insurance found that a third of North-East respondents had no financial provisions in place in the event of their death and 72 per cent did not have a will.
Despite this, 63 per cent of North-East respondents described themselves as quite or very financially responsible, but 30 per cent admitted that nothing would help make them more financially responsible.
John Hyde, marketing director at Legal & General Life Insurance said: “These results suggest that many people are falling into the ‘it won’t happen to me’ trap when it comes to planning for the future.”
The survey of 2,000 people was carried out as part of Legal & General’s Simple Things campaign to highlight the importance of life insurance.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here