Life Insurer TAL asked 1,266 Australians about their attitude to life insurance, they used the information to create the TAL Australian Financial Protection Index.
The key results include:
- A 38% increase in the amount of respondents said that felt they were “Fully insured and feeling covered”
- Over the last year the level of cover has increased
- The 39-49 year old age bracket has the highest level of protection
- Home owners with a mortgage have the highest level of cover
- Higher income earners have a higher level of protection
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