Scot Wids: Brits ignore protection despite high awareness

The Scottish Widows Consumer Protection Report found that ensuring financial security is seen as a luxury compared to essentials such as broadband internet or a mobile phone. It also found that more adults insure their pets and mobile phones than purchase income protection. The provider surveyed over 5,000 people for its third annual study and found that although 54% of the population review their finances one or twice a year and awareness of protection is high, the take up remains 'exceptionally low'. Almost all those questioned by YouGov (97%) said they were aware of life insuran...