Parents with young families 'need protection most'

HSBC Life study reveals

Adam Saville
clock
Parents with young families 'need protection most'

Over half of advisers surveyed highlighted parents with young children have biggest need for protection

A study by HSBC Life has surveyed financial advisers to find out where there is likely to be most demand for protection insurance. According to the survey, 53% said that parents with young children will have the biggest need for protection going forward, followed by employees with limited access to employee benefits (45%), self-employed (39%), small business owners (37%) and gig economy workers (32%), which are those least likely to benefit from sick pay, holiday pay and redundancy pay. ...

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 Adviser / Broking

Openwork Partnership commits to diversity, wellbeing and inclusivity through action group

Openwork Partnership commits to diversity, wellbeing and inclusivity through action group

Achieves Government’s Disability Confident Status

Hemma Visavadia
clock 01 July 2022 • 1 min read
Intermediaries must engage with Consumer Duty process before it's too late

Intermediaries must engage with Consumer Duty process before it's too late

"Can't bury their heads in the sand"

Hemma Visavadia
clock 01 July 2022 • 2 min read
COVER Healthcare Innovation Awards 2022: All winners revealed!
PMI

COVER Healthcare Innovation Awards 2022: All winners revealed!

Watch the full ceremony online

COVER
clock 30 June 2022 • 1 min read