Half have 'unsuitable' protection cover - study

According to a study by Barclays Financial Planning, more than 10 million people are likely to have experienced a life-changing event, such as a change of job, since they took out their policy. Additionally, the research suggests nearly three-quarters of policy holders do not know how much they are insured for, nor what they would receive if they made a successful claim. "When you buy a protection policy this should not be the end of the matter," says David Stuart, director of advice and products at Barclays Financial Planning. "It is crucial that people think about updating any cover...