Two sides of the same coin?

Protection and general insurance

Jaskeet Briah
clock • 6 min read

Jaskeet Briah explores whether expanding to the general insurance (GI) market is part of the answer to closing the protection gap.

The average age at which adults buy a home, get married and have children – the key triggers for purchasing protection - have hit record highs, meaning potential customers are putting off financial decisions. Ed Axon, chief growth officer, LifeSearch, says the industry "has to work harder" to bring protection products to where people are, as we no longer live or work in a linear world. Therefore, "we cannot sit back if we want to close the protection gap and think people will find us". "We're now living in a generation where people are more comfortable renting, how people work is diff...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

SBG hires team for adviser recruitment

SBG hires team for adviser recruitment

Aims to expand the Sesame network

Jaskeet Briah
clock 11 June 2025 • 2 min read
It's time to change the protection narrative: The Exeter

It's time to change the protection narrative: The Exeter

Watch now on-demand

COVER
clock 06 June 2025 • 1 min read
The impact of delaying a claim

The impact of delaying a claim

“Something is wrong and changes are needed”

Alan Lakey
clock 05 June 2025 • 3 min read