Life insurance cover also an area of demand for the age group according to LV= report
New research from LV= has found around 8.3 million of 25-44 year olds in the UK without income protection (IP) cover are potentially interested in taking out income protection insurance to safeguard their earnings. The LV= Wealth and Wellbeing Monitor report, which surveyed over 4,000 UK adults in December last year, showed 48% of respondents in the 25-44 age group were considering IP cover, representing 8.3m across the UK populace. A further 7% of respondents in the age group said they had...
One-third of claims
‘Growing societal need’