Consumers more likely to view comparison sites as 'independent' than advisers

Disclosure is important

clock • 1 min read

Comparison sites are more likely to be regarded as independent by consumers compared to protection advisers, according to new research.

Less than a fifth (19%) of consumers believe protection advisers are independent and show them all the options from providers, according to the Protection Review survey. This compares to 23% who believe comparison websites show an independent and whole-of-market view of protection products. Jo Miller, director of operations at the Protection Review, said: "These findings suggest that consumers have low expectations in terms of the independence of the advice that they receive when buying protection." She added: "Comparison sites are more likely to be regarded as independent when com...

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

Probate delays jump 65% for year-long cases

Probate delays jump 65% for year-long cases

Cases taking over six months rose 112%

Jaskeet Briah
clock 23 April 2024 • 2 min read
Six in 10 claims handlers want to develop technological skills

Six in 10 claims handlers want to develop technological skills

Sprout.ai research shows

Jaskeet Briah
clock 22 April 2024 • 3 min read
AFM members pay out £70m on IP claims in 2023

AFM members pay out £70m on IP claims in 2023

Claims for musculoskeletal continue to rise

Jaskeet Briah
clock 17 April 2024 • 2 min read