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Critical Illness Cover will pay out upon diagnosis of a critical illness

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Whole of life policies cover funeral arrangements, inheritance and tax bills

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Over 50's plans are suitable for people with pre-existing medical conditions

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Experts call for more protection for millennials

23rd October, 2017

Experts call for more protection for millennials

Protection experts are calling on the industry to do more to protect millennials. Although associated with young people, this group of 20 and 30-somethings are in fact working adults who are likely struggling to save for that deposit on a dream home.

Experts say that life insurance sales, especially for people in their mid-thirties, are surprisingly low. This is considering that they are now reaching life stages where responsibility and earning power are making them more financially aware, but also more financially vulnerable.

With the opportunity to buy a house arriving later in life, advisers are being encouraged to reach out to millennials about protection before discussing it as part of the mortgage conversation. With the latest figures showing that only 18% of millennials have life insurance and 3% have critical illness, supporting millennials in the protection space has become top priority for the industry.

Browse our quotes page or contact us directly on 0800 024 8685 and we can arrange a chat to go through your protection options.

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