New job or pay-rise can 'trigger' protection conversations

Buying a house and starting a family remain the main reasons for buying protection according to consumers and advisers, however when it comes to the next biggest triggers their views differ, Royal London's State of the Protection Nation survey has shown. Advisers think a friend or relative getting sick or dying is the next most common prompt for a protection conversation, however the report showed that less consumers took out protection for this reason than following a salary increase (12%). Single-earners, a group made up of 30-49 years olds in low-cost housing and with limited savin...