The latest research by Zurich insurance company suggests that Brits are more concerned with their cars and homes than with their life. According to figures, revealed by the company, 75% of Brits have home insurance in place, 65% have comprehensive car insurance in place and yet only 33% have live cover.
Without life insurance, the devastation felt when a loved one dies can closely be followed by financial devastation when the family are unable to afford to live their current lifestyle. For many, selling a family home soon after the death of spouse is a harsh reality.
It is interesting to note, that only 16% of Brits choose the brand they trust when shopping for insurance. The vast majority goes for the best cover (53%) and for the best price (45%).
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