Protection insurance ranked lowest in importance during the homebuying process, with 15% citing protection as a top priority, according to Vitality.
The provider surveyed 2,000 homeowners with a mortgage, finding that responders were more likely to plan for new furniture (36%), décor (26%) or a new kitchen or bathroom (25%) than secure protection cover. This comes despite 62% of mortgage holders saying their biggest fear if they became too ill to work would be losing their home. Around 56% said they would not be able to keep up with mortgage payments for longer than six months if their income stopped. Andy Philo, director of strategic partnerships, Vitality, said: "While this insight isn't entirely surprising given that creatin...
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