Demand for Life insurance has increased significantly over the past two years. According to Investment Savings and Insurance (ISI) statistics,  sales of new term life,  total and permanent disability, trauma and disability income policies were up 39 per cent to 51,081 in the year to the end of September compared to two years ago.
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Market experts believe the rise is attributed to mortgage and investment brokers starting to move into the sector and insurance brokers making more sales. Most people don’t think about risk during the “Good times” but with the recession taking hold, many people tend to think more about job security, investments and general their finances.

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