Five protection turn-offs… and how to fix them

Five protection turn-offs… and how to fix them

clock • 4 min read

Mark Holweger examines the key issues keeping the UK's protection gap stubbornly wide...

  The much-publicised protection gap in the UK continues to grow, despite the best efforts of both providers and advisers to encourage customers to ensure they have adequate levels of cover in place against the vagaries of life. Our data suggests that Britons sorely need to increase their levels of financial protection: just 39% of people have either life insurance or critical illness cover, while only 8% have both. Our own results are also supported by the latest Swiss Re: Health Watch Report 2014, which showed that, across the entire protection industry, sales were down 17.4% yea...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Why the protection gap is a problem of reach

Why the protection gap is a problem of reach

'Most people I meet have never had protection properly explained to them'

Cherian Skariah
clock 16 October 2026 • 4 min read
Why IHT on pensions is a protection advice opportunity

Why IHT on pensions is a protection advice opportunity

Pension accumulation can no longer be considered separately from protection and estate planning

Naomi Greatorex
clock 23 September 2026 • 3 min read
FCA's Reynolds: 'We want to see a real improvement in financial inclusion because it matters'

FCA's Reynolds: 'We want to see a real improvement in financial inclusion because it matters'

In conversation with Graeme Reynolds, director of competition, FCA

Cameron Roberts
clock 22 September 2026 • 7 min read