Fifth admit household would not be financially safe without main income
More than half (58%) of men in the UK with dependent children have no life insurance, research from Scottish Widows has suggested. This is according to a sample survey of 5,022 UK adults (conducted in April) - 15.17% of whom were dads - which if spread across the entire population amounts to approximately 4.5 million fathers without cover. This figure has risen 5% since 2017, a year-on-year increase of around 542,000 individuals. Despite a fifth (20%) of dads admitting their households would...
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Commercial insurance platform providers are showing interest in the life space in a bid to help improve the accessibility and cost of cover for the self-employed, writes Suzanne Clarkson