More life insurers are writing policies for people with HIV but critical illness and income protection policies are still unavailable despite 61% of people surveyed saying they would 'consider' taking out a policy.
Uncertainty and a large number of options have been highlighted in case studies as a survey by Topcashback shows the majority of consumers are still failing to take out life insurance.
For the fifth consecutive quarter optimism improved among life insurers, amid a rise in profitability and business volumes, research has found.
Customers are willing to buy but often do not appreciate the differences between buying Life Insurance and other Insurance products, the Cover Forum was told.
The Skandia brand has formally disappeared from the UK, all the company's operations are now part of the Old Mutual Wealth brand.
The total premiums earned from life assurance premiums and income protection has risen by over £100millionin the second quarter of 2014, according to ONS figures.
Pre-paid funeral plan sales have hit a new half-year record, the total plans sold in the first six months of 2014 were almost equal to the whole of 2008's sales.
Engage Mutual has announced that its Board has made a formal recommendation to merge with Family Investments to form one of the UK's largest mutual insurers with over 2 million customers.
Some 64% of people who have moved up the property ladder in the past five years and have a bigger mortgage as a result, did not review their life insurance; research finds.
HIV Positive people who are taking out Life Assurance in the UK are insuring themselves for an average of £114,607 - the lowest sum assured in years, research has found.