In an independent survey commissioned by Life Insurer ING, 65 per cent of respondents considered affordability as a key reasoning for cancelling a life insurance policy, in response ING has launched a program that provides strategies for maintaining cover.
Head of Product for ING Australia’s Risk division Gerard Kerr said in the release “Many people think of life insurance is a ‘nice to have’, but it needs to be considered a ‘must have’ “, the first thing Mr Kerr urges consumers to do is to find out how much life insurance they need
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