Home loans often all that is covered

Almost one in two Britons are leaving themselves financially exposed, according to Alliance & Leicester. Its latest Wealth Tracker Index found that 46 per cent do not have any protection in place to cover their financial commitments in the event of death or ill health. That is despite having average monthly outgoings in excess of £1,400 - excluding their mortgage payments.” No-one knows what the future holds so it pays to be prepared,” explained the product manager at Alliance & Leices