Value protection policies to cover student anxiety
6 November 2019
Two thirds of students would value protection policies offering counselling services, according to MetLife UK, as research reveals that the majority suffer with anxiety.
Research among students showed that 87.5% struggle with feelings of anxiety, with two out of five (42.8%) admitting they are often or always worried and one in three (33%) suffering from loneliness.
With the average NHS waiting time for mental health support services around 18 weeks and university students waiting for up to three months to start counselling on campus, MetLife UK said 64% of 18 to 24 years olds would value policies which provide counselling services.
The group’s MultiProtect policy enables policyholders to cover children in full-time education up to the age of 23 for £1 a month per adult insured and gives free, round-the-clock access to emotional and practical support, including telephone support services.
Richard Horner, head of individual protection, MetLife UK, said: “Starting university is an exciting time but can be stressful for students as they settle in and need to take responsibility for what most will have relied on their parents for.
“Being able to access free expert independent advice can help students adapt and enjoy life at university. At its core, MetLife’s MultiProtect provides cover for everyday risks such as broken bones – important peace of mind for sports-minded students as the football and rugby seasons begin.”
With numerous property tax changes already in place (and more due in 2020/21), there are a number of opportunities...
You need to know the difference between execution-only and non-advised sales and what client instructions can be enacted under...
The Senior Managers and Certified Persons legislation comes in on 1 December but to what extent does it apply...