Half of UK adults do not have a will: Canada Life

61% of those who wrote their own will did not seek advice

Jaskeet Briah
clock • 2 min read

Half of UK adults (51%) have not written a will and are not in the process of writing one, with 13% having no intention to write a will in the future, according to Canada Life.

The provider surveyed 2,000 UK adults and found that nearly one third (30%) of people aged 55 and over do not have a will, with one in ten (9%) of this age group having no plans to create one. The primary reason adults had not made a will was that they did not believe they had enough assets or wealth to warrant creating a will (26%), while others thought they have plenty of time to make a will (23%). Additionally, 15% avoided the topic of wills as they did not want to think or talk about death, 8% did not want to deal with solicitors and 14% did not want to pay for a will. Four in ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Insurance United Against Dementia reaches £10m fundraising goal

Insurance United Against Dementia reaches £10m fundraising goal

More than 130 insurance organisations involved

Jaskeet Briah
clock 30 January 2025 • 2 min read
How cancer impacts lifestyle: AXA Health

How cancer impacts lifestyle: AXA Health

70% worried about cancer returning

Jaskeet Briah
clock 28 January 2025 • 2 min read
Reassured records 200% increased return rate for Trust solution

Reassured records 200% increased return rate for Trust solution

Launched in September 2023

Jaskeet Briah
clock 27 January 2025 • 1 min read