Younger adults are increasingly taking out life insurance and critical illness cover, according to recent research.
Encouragingly, there is growing demand for stand-alone critical illness cover and joint policies among younger buyers, with more under-35s putting protection in place at an earlier stage of life. Research also suggests younger adults are increasingly combining life cover with critical illness protection as awareness of the importance of financial resilience grows.
Many younger adults have significant financial commitments, including rent, mortgages and household bills, making financial protection just as important as it is later in life. We can help you explore protection options suited to your needs.
As with all insurance policies, conditions and exclusions will apply.
Source: https://www.insurancebusinessmag.com/uk/news/life-insurance/younger-buyers-lock-in-cheaper-uk-life-cover-as-protection-market-shifts--report-567434.aspx