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Whole of Life Insurance - UK - June 2016

Whole of Life Insurance - UK - June 2016

“The growth experienced in 2015 is an encouraging sign for a market that has been in decline since 2011. With an ageing population and the ever increasing cost of funerals, the guaranteed acceptance market should be well placed to benefit from these concerns.  However, insurers will need to continue to innovate and bring new benefits to their policies to ensure the market doesn’t lose out to competing products and remains relevant to its target market.”

– Scott McDonald, Financial Services Analyst

This report looks at the following areas:

Tackling issues of fairness and value could result in added complexity with over-50s life insurance market
A focus on funeral costs could be limiting the reach of over-50s life insurance

TOC available on request

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