Insurance product quality top of customer priority list: The Exeter

Followed by affordability and customer service

John Brazier
clock • 2 min read

New research from The Exeter shows that insurance customers rate product quality as their most important priority when purchasing a policy.

The research found that 99% of consumer respondents valued the quality of products the most important feature, closely followed by affordability and customer service (both 98%). A similar level of consumers (98%) also highlighted insurers that have a "strong track record" of paying claims as a priority when purchasing cover. Meanwhile, 91% of respondents stated the inclusion of added benefits to policies was an important factor for them. Despite this, the research found that under half (48%) of respondents did not have cover such as health insurance, life insurance, income protecti...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Two thirds of bereaved adults stressed about funeral costs

Two thirds of bereaved adults stressed about funeral costs

MetLife research findings

Jaskeet Briah
clock 29 August 2025 • 2 min read
Policyholders move house without reviewing protection: Vitality

Policyholders move house without reviewing protection: Vitality

63% looked at their cover but made no changes

Jaskeet Briah
clock 29 August 2025 • 2 min read
The COVER Review: Consumer partnerships, claims statistics and tax

The COVER Review: Consumer partnerships, claims statistics and tax

Week commencing 18 August 2025

COVER
clock 22 August 2025 • 1 min read