1+ week, 2+ day ago (697+ words) Cost is the biggest barrier to people financially protecting their loved ones with life insurance, with some estimating the cover is "too expensive, but it can be much cheaper than often believed Many UK adults are wildly overestimating the cost of life insurance and risking leaving their families financially vulnerable by delaying coverage until key life events, according to new research. Cost is the biggest barrier to people taking out life insurance, research by life cover provider Legal & General (L&G) found in its study of 2,000 adults. More than a quarter (27%) of those asked said they believed life insurance was "too expensive. Yet on average, people overestimate the monthly cost of life insurance by 184%, the survey found " believing it to be "79.50 a month when the actual average L&G policy cost was "27.95 in 2024. Policies from other providers could cost more or…...