Extravagance Over Necessity Concerns Financial Experts

Fri Jan 11, 2013 2:23pm EST

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LONDON, January 11, 2013 /PRNewswire/ --

    A lot of people live under the illusion that life insurance is an expensive luxury
that saps funds from other more pressing purchases, although it has recently come to
light that members of the public are still spending large sums of money each year on
holidays, fashion, style, food and drink, entertainment and technology.  

    It's only natural that people's priorities fluctuate and vary in a changing world,
but experts are concerned that life insurance should be seen as a luxury rather than an
essential when so many of the perceived essentials might just as easily be considered
luxury items.  

    In a few weeks' time, life insurance [http://www.lifebroker.co.uk ] premiums will
rise in line with the EU Gender Directive but until then members of the public may be
able to take advantage of much more favourable rates. The date the new strategy comes
into effect is December 21st and countless people have already contacted specialists
like Lifebroker in order to get a policy sorted out in good time.  

    The team at Lifebroker [http://www.lifebroker.co.uk ] is committed to finding the
best deals on life insurance for its customers and now is definitely a crucial time for
reassessing where the genuine priorities lie. Specialists are encouraging households to
ask themselves whether they couldn't afford life insurance simply by saving a little
money on the luxuries here and there.  

    Financial advisers recognise that life insurance is an important part of protecting
the family. A life insurance policy ensures that debts and mortgage repayments can be
addressed when the policy holder dies, meaning that dependents are shielded from having
to pick up the pieces. Specialists also stress that life insurance is actually a cheap
and fundamental part of life's administration.  

    This is something that the professionals are always keen to convey to their
customers and the EU Gender Directive simply adds a greater sense of urgency to the
situation, giving members of the public a very real time scale in terms of making
savings on a real life essential.   


CONTACT:  Contact: James Markwick, +44-(0)8442-435-363,
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