Illness or a loss of employment cited as main reasons to seek out protection cover according to homeowners in MetLife survey
New research from MetLife UK has found that existing and aspiring homeowners do not consider taking out protection unless they experience a "drastic change" in circumstances. A survey carried by Censuswide among a UK representative sample of 2,000 homeowners, or those currently purchasing a property, in February this year found that it would take falling ill (31%), a change in employment status (25%) or having an accident (24%) before they'd consider purchasing protection to support with mortgage repayments. While ‘lifestyle events', such as having children (16%) or getting married (6...
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