Homeowners wait for 'drastic change' before considering protection

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...