Only a quarter of UK adults believe it is important to make future protection provisions when starting a family, according to research from Co-operative Insurance.
The survey of 1,500 25-34 year olds reveals 57% would not be able to afford their monthly outgoings if they were off work for a prolonged period of time. Moreover, only a quarter (26%) feel it is important to make future protection provisions when starting a family, while one in 10 (11%) think getting married is an important time to assess their protection requirements. Overall, women are more conscious of their protection needs than men, with over a third (35%) seeing their first home purchase as a time to consider making a provision for possible sickness or a serious illness in later ...
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