People are more likely to insure their homes than their spouses

More than a third of people will insure the contents of their homes before they insure their lives

New research looking at decision-making habits in the UK suggests that 37% of people have home contents insurance, but no life assurance.

Of those surveyed for the report by Zurich, only 58% have building insurance, just over a third have life assurance and three quarters have taken out home contents insurance.

“Although more people thought that life cover should be the highest priority in terms of having insurance, it only ranks fourth in the cover that people actually buy," said Phil Brown, Zurich’s Head of Protection and Underwriting."