Gary Shaughnessy: The global reality of the income protection gap

clock • 4 min read

A new report from Zurich has revealed some worrying numbers on the extent of the income protection gap in both the UK and around the world. Gary Shaughnessy takes a closer look at some of the findings

In partnership with Smith School - University of Oxford, Zurich has published a report Embracing the income protection gaps challenge: options and solutions, which sets out recommendations for tackling gaps in income and putting in place a financial safety net for people unable to work through illness or injury. The report forms the final phase of major global study - Understanding income protection gaps: awareness, behaviour, choices - which was commissioned to explore the extent of the problem and what can be done to make people more financially resilient. Overall, the project has u...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Stonebridge adds new Homeowners Income Protection to offering

Stonebridge adds new Homeowners Income Protection to offering

Partnership with Wessex Group

Jaskeet Briah
clock 16 April 2024 • 2 min read
Dentists' Provident releases annual report

Dentists' Provident releases annual report

£5.2m paid in sickness claims

Cameron Roberts
clock 12 April 2024 • 1 min read
Record week for IP: iPipeline

Record week for IP: iPipeline

Activity 8% higher than previous record

Cameron Roberts
clock 02 April 2024 • 1 min read