Covid causes rise in life protection sales: Canada Life

5.8m adults

John Brazier
clock • 1 min read

Canada Life research finds 18-34 year olds most likely to purchase, or consider purchasing, life insurance since the start of the pandemic

According to research from the insurer, 5.8 million UK adults have taken out, or considered taking out, a life insurance policy since the start of the Covid-19 pandemic. Nearly one-fifth (19%) of those aged 18-34 stated they are considering or taking out life insurance policies, the largest percentage of any age group. The research found that despite the pandemic triggering more people to think about their own mortality, there are still 32.9 million (63%) people who have never thought about or do not have an active life insurance policy in place. Canada Life also found that men hav...

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