Peace of mind is still motivating factor for those buying protection, however automated post-purchase operations can help provide this while unlocking growth, research by Munich Re has suggested.
A survey of 500 people conducted by Munich Re has suggested that 73% of potential protection customers stated that peace of mind was their main priority, while 25% do not apply because they believe a claim would not be paid. Munich Re believes that - even with insurers publishing high percentage claim statistics - the research reveals that people still doubt the industry's credibility. The survey also found that 62% of customers thought application length was in line with their expectations,...
£20 to £100-a-month premiums to cover funeral costs, clear debt and leave money to family
Employers are not doing enough to support employees mental and physical health as NHS struggles, research by Westfield Health has found
UK economy loses £105m every year due to oral health-related sick days
However 61% of employers believe employees are satisfied by benefits packages