Life and Health Protection
This report covers the life and health (illness) protection
market, including life insurance, critical illness insurance and
income protection. It does not cover areas like private medical
cover; instead it studies the insurance coverage of risks
associated with death and inability to work due to illness.
Numerous studies have shown that UK consumers are generally
under insured for the death and illness risks they face, a fact
that has not changed recently and is unlikely to change in future.
This report examines the level of insurance cover consumers have
and why they may be under insured. It will assess consumer
perceptions of life and illness cover and go on to assess how these
attitudes may impact on policy ownership. The report also looks in
detail at the customer experience when arranging a policy and
considers attitudes towards a number of issues relating to having
life and illness cover.
A total of 26 questions were asked, covering the
- Type and form of policies currently owned and how this relates
to key personal circumstances
- New policies taken out in the past year
- How much consumers pay each month for their life or illness
- How well consumers understand the policies they currently
- How much life and illness cover consumers have
- How frequently consumers search for new deals
- The key factors taken into account when arranging life or
- Sources of information consumers consult before making a
decision about life or illness cover
- Consumer perceptions of life and illness cover
- How consumers prefer to arrange their life and illness
- How well protected consumers are in the case of their death or
To download a table of contents for this report, click here.