'Untapped' rental protection market worth £400m a year

Research shows

Adam Saville
clock
'Untapped' rental protection market worth £400m a year

Report by Hyman Robertson reveals annual rental protection gap of £30bn

There is a potential market of eight in 10 renters without cover, a new report entitled ‘Protecting Generation Rent' has revealed. The research, commissioned by Hymans Robertson, found that 18% of UK renters believe they have some form of income protection in place, leaving an annual protection gap of £30bn. According to the report, there is an untapped market of income protection premiums worth up to £400m a year from UK renters. The research found that a fifth of renters are concerned...

To continue reading this article...

Join Cover

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
  • 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 uncategorised

COVER parent company acquired by Arc

COVER parent company acquired by Arc

Backed by Eagle Tree Capital

COVER
clock 06 April 2022 • 1 min read
National insurance hike to fund social care faces accusations of 'intergenerational raid'

National insurance hike to fund social care faces accusations of 'intergenerational raid'

NICs could be raised 1 percentage point

Hannah Godfrey
clock 20 July 2021 • 2 min read
Unions urge govt to reset approach to LGBT rights

Unions urge govt to reset approach to LGBT rights

Government recently scrapped LGBT Action Plan and disbanded advisory panel

Jon Yarker
clock 19 July 2021 • 1 min read