A new report from the Association of British Insurers (ABI) has found that one in three people have access to health services through protection insurance cover, while use of services via policies has more than doubled in recent years.
Detailed within the Closing the evidence gap: how insurance supported good health and productivity report, published today (15 June), approximately 16.5 million people had access to health services via a life insurance, critical illness or income protection in 2021. The ABI noted that this figure has "risen consistently" year-on-year since 2019 by a total of 2.6 million people. In 2021, 71% of people had access to health services via a group protection scheme, with 29% through individually purchased protection products - a growth of 3% for individual policies on 2020 totals (74% vs 26...
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