Two thirds of adults face barriers to securing life cover

The technology provider surveyed 2,000 UK adults, finding that confusion around underwriting and pricing has been discouraging many consumers from taking out life insurance. Although 32% of adults worried life insurance would be too expensive, 21% were unsure whether insurers would pay out and 14% said the process is complicated or overwhelming. Another 14% said they would not know where to begin or who to trust when looking into cover. For 11%, timing was a barrier as they said life insurance is something they plan to deal with later. Breaking the data down, 55% of female responde...