- Money worries force over half of all Brits to consider retiring abroad

Results released today by Insure4Retirement.co.uk, the specialist insurance provider for people aged 50 and over, show that over half of all Britons hope to retire abroad. The leading reason behind the decision to emigrate proved to be long-standing fears about retired life in the UK.

The findings, published from an annual customer survey, revealed the most popular retirement destinations for disaffected Brits are Spain, France and Canada.

The single largest worry for the retired community in Britain proved to be concerns over money and maintaining a secure income; 40% of all respondents cited this issue as their greatest fear. Further concerns about retiring in the UK included the spiralling cost of healthcare, worries surrounding the NHS and fear of hospital waiting lists. One in four polled was also concerned with council tax, while health (7%), vandalism (6%) and immigration (6%) were also major concerns.

Managing Director of Insure4Retirement.co.uk, David Holden said, “This year's survey is an accurate reflection of how many people over fifty feel - neglected and facing an uncertain future. That over half of those polled are seriously considering retiring abroad is a telling indictment on the poor level of service provision and financial security offered to the retirement community.

At Insure4Retirement.co.uk we believe that the over 50's deserve better. People over 50 are more careful with their homes and their property than younger age groups. It's only fair therefore that they should reap the benefits of this considerate lifestyle by - at long last - paying less for Insurance.”

Insure4retirement.co.uk is an independent insurance company providing home and travel insurance services specifically for people aged 50 or over. Recognising the increasing demands of this market, Insure4retirement.co.uk announced this month a host of fresh benefits for new and existing customers. Amongst other major product changes, Policyholders now enjoy cover for both personal computers and portable digital equipment including MP3 players and PDAs. The growth of IT usage amongst the over 50's is further acknowledged by the introduction of cover for broadband and internet access charges as a result of a standard insurance peril e.g. accident or theft. By offering these new services Insure4Retirement.co.uk stand alone in providing a product that truly reflects the needs of the over 50's market.

Ends

Notes to Editors:

2006/07 Customer Survey Report A customer telephone poll, conducted between October 2006 and February 2007 this year revealed that one in two UK residents aged 50 or over want to live abroad.

Results based on a sample group of 1022 participants, resident in United Kingdom and aged over 50.

About Insure4Retirement.co.uk Insurance for people who weren't born yesterday! Insure4retirement.co.uk is an independent insurance intermediary providing home and travel insurance services specifically for people aged 50 or over. The company always uses insurance providers that are members of the Association of British Insurers and the Financial Ombudsman Service, or certain underwriters at Lloyds. Insure4retirement.co.uk is authorised and regulated by the Financial Services Authority.

For more information, please contact: Christie Palmer, Eulogy! Tel: 020 7927 9999 Email: christie@eulogy.co.uk Web: www.eulogy.co.uk