This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Life Protection Metrics: Consumer Approaches To Protection-Related Life Insurance In Europe

- to appreciate whether insured respondents bought their cover as a result of an active decision to do so or whether they acquired it passively through a group scheme;

- to evaluate the opportunities for distributing protection-related life insurance through alternative channels such as insurance aggregators or comparison sites: to what extent will consumers buy through these means?

- to assess the apparent willingness of consumers to purchase these forms of cover online; given the types of device that online buyers report using, what is the scope for marketing more effectively to this audience?

- to avoid the need to re-enter information yourself by making use of the Excel-based consumer data files that accompanies the PDF studies.0.0 EXECUTIVE SUMMARY

Across all six countries, 25.3% of respondents hold two or more of the policy types researched...

... although 50.4% state that they do not hold any type of protection-related life insurance

Annual income and the existence of dependents are key drivers of this market in all countries

Consumers aged between 18 and 34 are more likely to use emerging distribution systems...

... including online acquisition via tablets or mobile phones (as opposed to regular computers)

1.0 INTRODUCTION

What is this report about?

Rationale

Definitions

European consumer research

Other international research reports

2.0 EUROPEAN OVERVIEW

Introduction

Survey and sample structure

Overview for five different types of protection-related life insurance

On average, take-up rates are highest for risk life cover and lowest for short-term income protection

Respondents in Poland are the most likely to report having acquired risk life insurance...

... while penetration of long-term income protection insurance peaks in France...

... and for funeral expenses insurance, acquisition rates are at their highest in Spain

Across all six countries combined, just over 50% of respondents do not hold any kind of life protection cover

2 of 12

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs