Insurance product quality top of customer priority list: The Exeter

Followed by affordability and customer service

John Brazier
clock • 2 min read

New research from The Exeter shows that insurance customers rate product quality as their most important priority when purchasing a policy.

The research found that 99% of consumer respondents valued the quality of products the most important feature, closely followed by affordability and customer service (both 98%). A similar level of consumers (98%) also highlighted insurers that have a "strong track record" of paying claims as a priority when purchasing cover. Meanwhile, 91% of respondents stated the inclusion of added benefits to policies was an important factor for them. Despite this, the research found that under half (48%) of respondents did not have cover such as health insurance, life insurance, income protecti...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

The COVER Review: PMI demand, International Women's Day and a new COVER event

The COVER Review: PMI demand, International Women's Day and a new COVER event

Week commencing 03 March 2025

COVER
clock 07 March 2025 • 1 min read
Women making up a larger portion of mortgage applications

Women making up a larger portion of mortgage applications

Rise in solo female mortgage applications

Jaskeet Briah
clock 07 March 2025 • 3 min read
Financial situations have worsened for one third of adults

Financial situations have worsened for one third of adults

SJP research found

Jaskeet Briah
clock 06 March 2025 • 3 min read