Why Does The UK Have A �2.3 Trillion Protection Gap?
According to Swiss Re, one of the world's largest re-insurance companies, less than half of the UK population has any form of life insurance protection. They then go on to put a figure on the value of this protection gap. Using an average income of �20,000 and assuming that the value of protection needed ranges between 5 and 10 times income, they put a value on the protection gap at �2.3 trillion. But in all probability, whilst the gap is huge, �2.3 trillion is likely to ... According to Swiss Re, one of the world's largest re-insurance companies, less than half of the UK population has any form of life insurance protection. They then go on to put a figure on the value of this protection gap. Using an average income of �20,000 and assuming that the value of protection needed ranges between 5 and 10 times income, they put a value on the protection gap at �2.3 trillion. Read Also aadhar card password But in all probability, whilst the gap is huge, �2.3 trillion is likely to be ...