Advertisement

Brits prefer mobile phones to life insurance

Life and pensions company Friend Provident, has found that 54% of people questioned in its Protection Survey had no life insurance.

Of the 46% of respondents with life insurance, the majority (nearly seven in ten) said they would seek professional advice when considering cover and that they would do this by consulting a financial adviser, or undertaking research online and through newspapers.

Over 27% of participants in the survey indicated that they would choose to purchase life insurance if they had £5 a month to spend on cover.

Mark Jones, protection products and actuarial manager at Friends Provident, comments: “Understandably, none of us really want to think about our own mortality, but we do owe it our families to ensure that we have made provision, be it to pay off the mortgage or provide a lump cash sum.”

Comment on this page »

Features

Latest news

Bupa announce £2.9 million investment

Bupa Cromwell Hospital wins 3 awards

Health-on-Line cycle to raise money for local charity

Brits prefer mobile phones to life insurance
Advertisement
Advertisement
Connect with us on:

This site compiles with the HONcode standard for trustworthy health information