British bosses are more likely to protect their office equipment than their key staff, according to new research.
Nearly half of all Britons are neglecting their health and fitness, research has found.
Income protection (IP) sales have continued to slide despite an overall rise in the volume of term assurance products sold, according to Swiss Re.
Brits are twice more likely to insure their pets or mobile phones than their income, according to research.
A third (33%) of UK households could not cope financially if they lost their main income yet only 7% of the population has income protection (IP), according to research.
One of the most commonly cited reasons for poor protection sales is that most of the country is unaware of the availability of these products and what support they can provide.
More than half of UK adults hold no life insurance despite being highly aware of the importance of having it and other protection products, according to research.
Scottish Widows has paid £1.15bn in life and critical illness (CI) claims since January 2000 equating to over £2m each week.
Medical second opinion service Best Doctors has been introduced to all new Scottish Widows' Protection for Life policies.
The market for over 50s life cover plans is set to grow and, says James Eaglen, the products are already in the market