Older policyholders are more likely to claim on their mortgage payment protection insurance (MPPI), according to a survey by Abbey National.
It found that those in the 41 to 55 age range were more than twice as likely as the 26 to 40 age group to make a claim for unemployment. Those in the 26 to 40 age group, in turn, were almost 60% more likely to make a claim than those policyholders aged between 18 and 25.
Abbey National said the survey suggested that job security decreased with age.
The survey also found that more than half of those claiming on their insurance had lost their jobs within two years of joining a company.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
