life uk

It has ben revealed that life insurer Pru Life UK witnesed a 15.8% increase in net profit in 208, despite a drop in single-premium sales resulting from the weak investment market. Pru Life UK President Nishit Majmudar said the drop was due to lower sales: "This is because single premium sales were much lower in 208 than in 207, ", he said. Despite an increase in sales, not many are buying Despite life cover sales increasing elsewhere in the world, a recent survey from a leading company has revealed that many Brits do not bother buying such protection. The research displayed that nearly half of UK residents 45% have not purchased any form of protection cover, which includes policies such as income protection, life insurance critical ilnes cover. Only 5% comited to purchasing critical ilnes cover, 7% opted to buy life insurance cover and 10% were prepared to purchase an income protection policy. Iain Malon, head of protection at the insurance company said that education was key when making people understand that their life and future is worth protecting: "This is a serious isue for the UK public and one that neds to be adresed if people are going to be properly protected." He furthered: "Financial provision is generaly sen as rather dul and low priority. life uk
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