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British households are finding it increasingly difficult to make ends meet after research revealed many more now barely have enough money to cope with everyday expenses.
With white papers due this year on long-term care (Dilnot Review), sickness absence and also the Treasury’s work on simple products, how much explicit help (not just macro changes to benefits and the NHS) would you want the government to give the industry?
The business protection gap remains static at over a trillion, a Legal & General (L&G) survey of the market suggests.
Other protection gap articles
Legal & General has enhanced its business protection proposition in a bid for share of the business protection gap.
Swiss Re has revealed a €10tr gap in European life insurance coverage and believes the industry needs to be bolder in selling the affordability and benefits of life cover.
The ABI has progressed to the next stage of talks on a national protection scheme, an idea it says is gaining "greater urgency" in the run-up to the General Election.
The ABI has hastened the next stage of industry talks on a national protection scheme as it wants to help shape the new Government's protection strategy.
Zurich has launched a microsite dedicated to protection.
Today is Groundhog Day, made famous by Bill Murray’s film of the same name, in which Murray’s character is forced to continually re-live 2 February.
Legal and General is now offering the facility to apply for different sums assured for term assurance and critical illness cover.
Aegon will extend its adviser training programme on how to better market personal protection into the New Year.
Almost half (43%) of Britons do not buy life insurance because they do not see the need for it, research suggests.
Re-Insurer Swiss Re has released its review of the insurance industry which highlights consumer’s demands for increased simplicity and clarity.
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