Just 3 per cent bought CI cover off the shelf but direct threat looms

Shaw, Sam
January 2006
Money Marketing;1/5/2006, p5
The article reports that more and more people are buying critical-insurance cover directly from the market without the accompanying informed advise. Thirty eight per cent of men and 30 per cent of women are said to have bought their plans at a meeting with their financial advisers and 48 per cent of women and 35 per cent of men bought their plans off the back of a mortgage application. Only three per cent purchased a policy after picking up an application form in a bank or supermarket without prior consideration.


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