Summary
There are still lots of families without life insurance cover. This article investigates the reasons.

Life Insurance - Why does less than half the UK population have cover?

By Michael Challiner 25/04/06

Less than 50% of the UK population has any form of life insurance cover, says Swiss Re, one of the largest insurance companies in the world. In their latest annual report they estimate that £4.2 trillion worth of insurance cover is needed whereas only £1.8 trillion has been taken up. That leaves an insurance gap of £2.3 trillion.

STEP 1 of 2

Type of cover

Life Insurance Mortgage Life Insurance

Cover Level (£)

Number of years

Do you want:
Critical illness cover
Family income benefit

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