Insurers: Keep it Short and Simple - Unum

clock • 1 min read

New research on how information is most easily understood has revealed the insurance industry lags behind others in presenting information simply.

Jargon-free language (64%) and the use of images (28%) help most in making consumer sales research has found.

Unum, and the Plain English Campaign have found he insurance industry is the biggest culprit for making product information difficult to understand, with a difficulty rating of 46%, over other sectors, including banking which eaned a 29% difficulty rating, retail (25%), cars (23%) and food (8%).

As a result of this research, Unum is joining forces with the Plain English Campaign, to "keep it simple" across their insurance products.

Jack McGarry, CEO Unum UK, says: "The results show that, as an industry, we need to make our products more accessible and meet consumer needs. I want people to understand easily, that if you can't work because of illness or injury; you need to have a back-up plan in place to support yourself financially."

The income protection specialist is beginning with a glossary of terms for income protection to help clarify current language and literature.

And has put up a Youtube video explaining its campaign.

Marie Clair, Plain English Campaign spokesperson, says: "It is clear that the insurance industry needs to ditch the small print, jargon and gobbledygook in their information. Product information should make complex products more accessible to consumers, not more confusing!

"We're backing the call to action to the insurance industry that Unum is making, and together we hope to work to improve consumers' understanding of Income Protection insurance by updating literature in a way that people can really understand."

More on Marketing

Georgia d'Esterre named head of marketing at the West Brom

Georgia d'Esterre named head of marketing at the West Brom

Joins from National Friendly

Jaskeet Briah
clock 11 August 2023 • 1 min read

Financial Services Forum: Protection in a post-pandemic era

Watch the full webinar

COVER
clock 20 November 2020 • 1 min read

COVER editor Adam Saville to chair protection panel discussion

On Thursday 19 November

COVER
clock 17 November 2020 • 1 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read