Cost main barrier for customers buying protection - Royal London

Nearly half (46%) felt they were unlikely to go on sick leave for three months or more, 44% thought they were unlikely to have a major accident and 34% felt it was unlikely they would contract a serious health condition or illness. Meanwhile, research from Pacific Life Re (March 2018) showed that the chance of being off work for two months or more before age 65 is 26% for males and 37% for females. Even if illness struck nearly half (43%) felt they could manage for a year without work, 55% said six months and 71% would manage three months, according to Royal London. Only two in five c...