One in three UK families has no critical illness, income protection or life insurance, research suggests.
Bright Grey, the Royal London Group’s specialist protection arm, has launched a campaign to help advisers ensure clients have enough insurance to protect their families if things go wrong. The campaign provides support material for advisers, as well as online and print advertising. Bright Grey’s sales head Kevin Stevens says he is not surprised with the figure of people under-insured. “The life protection gap stands at £2.3tr, according to Swiss Re, which is hardly news as it’s been at this level for the past three years,” he says. “So we know the issues, but do consumers? “We believ...
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