IPAW 2022: Advisers need to help renters access and understand protection

Renters are at high risk financially if they get sick or they have an accident, Streames explained. "People generally tend to think that they'll rely on savings or welfare benefits, or they'll move back in with family, but these are never really viable options. It's very rare that people would even have one year salary and savings. People just don't know what to do when these things happen. People just bury their heads in the sand in this country hoping for the best," she warned. However, Streames said that ignoring the issue is a "really risky strategy," as people do get sick and hav...