This is up by nearly one third from 2014 when just 41% of people felt they would struggle.
Hydon will be responsible for managing iPipeline’s key distribution and technology partnerships, working closely with these accounts to support achievement of their protection business growth targets.
The challenger hopes to protect more families in the UK as the company believes there is significant potential to grow the market with its approach.
Despite what you read and hear this is most certainly NOT Armageddon for the economy, markets, brokers and lenders.
Customers can use an app to arrange speaking to a UK doctor by video or phone, get a private prescription without needing to visit their GP, review of an existing diagnosis and get advice on treatment options.
The service, which is called Streamlined Mortgage Protection, takes data from the mortgage fact find before asking three medical and three lifestyle underwriting questions, at which point customers receive an instant decision.
Le Beau co-founded promotion and review group Protection Review with Andy Couchman in 2003 as well as the Income Protection Task Force, which spearheaded the Seven Families campaign from 2014 to 2016.
The three most common reasons to make a claim were back pain, depression and broken bokes from accidents.
The service plans to use technology to provide clients with a personalised insurance policy with multiple benefits.
The second and third most common were musculoskeletal disorders (22%) and cancer (10%).