Welcome to the SunLife press office

Here you will find our latest news, press releases, research and other useful resources from SunLife.

Press releases

Public overestimate price of life insurance by almost 400%

People expect life cover to cost five times what it actually costs

  • Public overestimate cost of life cover by 394%
  • Almost half have no idea what life cover costs
  • For those with no life cover, affordability cited as main reason why

Average life cover payout £31,500 short of average outstanding mortgage

  • Average outstanding mortgage is £83,000,
  • Average life insurance payout is £51,500
  • And average new mortgage is £167,000

New research by SunLife shows that the UK’s famous ‘protection gap’ is caused by under-insurance as much as it is by no insurance.

Public wants Chancellor to make NHS top spending priority (while cutting £75bn from welfare and pensions)

SunLife survey of 10,000 reveals how public would spend UK Budget

  • Nation wants NHS to become top spending priority.
  • Public wants welfare budget to be cut by a quarter.
  • Call for spending on older people to fall by almost a third.