My idea involves making it legal for financial institutions to provide "Bucket List Loans" to eligible customers.

The loan would be for people over 55 and would be leveraged against their life insurance policies. This means that in the event of the persons death, the loan provider would be legally entitled to the loan repayment in full plus the predetermined interest amount, with the remainder of the policy being divided to those specified in the will. This would provide a large boost to the economy and help accomodate our aging population by allowing them to live off their superannuation and pay for their aged care services more comfortably, while still enjoying retirement.

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