Renters far less protected than homeowners despite financial worries

Research from Sainsbury's Bank recently revealed that only a quarter of renters (26%) are likely to have life insurance or critical illness cover compared to almost half of homeowners (41%). The study also found that 54% of renters are more concerned than homeowners (48%) about their financial situation should they pass away, with 21% worrying about this on a weekly basis compared to 16% of homeowners. According to the survey of 2,004 UK adults, the top reason renters do not have life insurance is because they believe they do not have enough equity or money (29%). Nearly a fifth (18%)...