• From UK Insurance Index:

    A survey by Norwich Union has revealed that apathy is leaving 20 million UK adults at financial risk because they don’t have any form of life or income-related protection.
    Figures from Norwich Union Life Insurance show that of those without any life cover…
    Head of protection marketing at Norwich Union, Darren Dicks commented… “These findings are cause for concern as they suggest many people are taking an ‘it won’t happen to me’ approach to protection. Around 52% of UK adults have no life cover at all* and the remainder are either underinsured or unsure about what type of cover they hold.
    “There is currently a £2.3 trillion protection gap in the UK which leaves a large proportion of the population vulnerable. Many people wait until they have a particular event in their lives, such as a house purchase or the birth of a child before they purchase life cover, but people shouldn’t take the view that they need to wait.”
    Norwich Union’s research also reveals a number of key ‘tri…

    Click to read the full article »

    Posted by Jon @ 8:19 pm

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