Nostalgic Brits 'risk future by living in the past'
08/02/2010Brits between the ages of 28 and 40 who grew up in the 90s and noughties are expected to be so preoccupied with nostalgia that they will neglect to plan ahead for the future.
That is according to a new report from Standard Life, which suggests that while members of this generation are realistic about the future, they are unlikely to cover themselves with health insurance or other financial protection plans.
Less than one in three 28 to 40-year-olds admitted to feeling anxious about getting older, one in three leaving their future security up to fate.
In response to the study, social commentator Damian Barr said: "We devote endless time, money and energy extending our youth, and yet by making the past so much a part of the present, we risk making our future riskier still. We have to start looking forward as well as back."
Mark Polson from Standard Life explained that this particular age group is "the most diverse and fragmented" in a culture that promotes the past.
People can protect themselves against future financial and medical uncertainty by taking out health insurance to cover expenses in cases of illness or injury.
© ActiveQuote Health Ltd. 2010
Categories: Health Insurance,
Insurer
Share this news article with your friends on your favourite social network
Our news articles are published by ActiveQuote Health Ltd who provide
price comparison services for
health insurance allowing you to
compare health insurance quotes.
If you would like to do this now, please click on one of the boxes on the left.
Related Health Insurance News Articles
10/03/2009AMII and BIBA launch joint PMI claims sharing dialogueTrade bodies AMII (Association of Medical Insurance Intermediaries) and BIBA (British Insurance Brokers Association) held an industry meeting to discuss the issue of claims sharing in London on 21 January.
...
» read more01/07/2009BUPA launches physiotherapy networkBupa Health Insurance has launched a national network of more than 3,000 physiotherapy providers offering patients high-quality and cost-effective care. All physiotherapists have signed up to a more consistent...
» read more29/09/2009ActiveQuote make new AXA-PPP rates available for comparisonAXA-PPP Healthcare recently reviewed the premiums charged for their 'Health Cover' range of health insurance products.
The new prices are available for quotation and instant purchase from ActiveQuote.com as...
» read more16/12/2009PruHealth launch new Value PlanThe new Value health insurance plan from PruHealth is available to buy on ActiveQuote.com from January 2010. The product, which can be compared online now for applications dated in the new year, is designed...
» read more19/01/2010Insurers appeal pleural plaques rulingHealth insurance providers Aviva, AXA , RSA and Zurich have launched an appeal against a recent judicial review in Scotland regarding compensation for people with pleural plaques. In January 2009, the Court...
» read more