Life insurance

The average sum of life assurance held by LGBT people is now £185,015, a survey by Compass has found.

Two in five (39%) UK employees do not have any form of life protection, according to research for Canada Life Group Insurance.

Scottish Widows has published its individual direct protection claims stats, which show that over £190 million was paid out in life and critical illness claims in 2014.

Almost a third (28%) of UK adults who purchase over-50s life plans cancel their policy- equivalent to £86m of customers' wasted cash, research from Royal London has revealed.

The perception of how much life insurance costs is on average 394% above the actual cost, a survey for SunLife has revealed.

Almost three quarters (72%) of advisers polled believe that protection sales will increase in 2015, a survey has revealed.

Eight out of ten Britons consider broadband essential, compared to just under four in ten (39%) who consider protection to be essential, a survey has found.

Myles Rix, managing director of protection at LV=, gives his views on how the industry can make IP more attractive in the eyes of the consumer.

Direct Life is looking to take on three new apprentices to start work in July following the success of its apprenticeship programme.

The average life insurance payout in the UK is £51,500 which would only cover 62% of the average outstanding mortgage (£83,000), according to research from Sunlife.