Once again a report has been released bemoaning the lack of Britons on life insurance policies it has been revealed.

In research carried out by Barclays Financial Planning, it was revealed that some 45 per cent of middle aged Brits not have this form of insurance, overall this figure hits 52 per cent.

Alison Tattersall, head of customer and proposition for Barclays Financial Planning, said: "People must consider the financial consequences of what would happen if they were unable to work, or their dependents' situation if they died, it would be far worse than any concerns they currently have over struggling to meet their outgoings."