Women lagging behind men in life insurance stakes, research shows by Finance News Bulletin

Published: 03/04/07

Many women may be overlooking the factual importance of life insurance cover, it has been suggestedAccording to psychoanalysis of applications data from insurance specialist Insurancewidecom, there is no marked dissimilarity between the figure of life insurance enquiries made by men and women up to the era of 28 years oldAfter this age, however, the cover website points out that more than 65 per cent of needs registered are from males bearing in mind life insurance cover

"Perhaps surprisingly for thirty-somethings, by far more men than women are applying for life cover cover," commented James Harrison, leader executive of InsurancewidecomIn addition, Mr Harrison contended that life cover cover should not be the exclusive preserve of older populace"We would urge populace to start buying policies at an earlier era if they have debts, a mortgage and dependents," he said

In other protection news, insurance provider Legal and General lately revealed that it handed out £921 million to people who made dangerous illness claims last yearDelving further into the information, the health insurance company pointed out that this was 11 per cent more than the figure

Visit original article: