Just 2% of gig workers have access to insurance via their workplace

clock • 2 min read

Just 2% of gig economy workers have access to life Insurance, income protection or life insurance via their gig company, according to new research by Zurich UK.

As part of Zurich UK's Restless Worklife report, UK-wide analysis from YouGov of over 4,200 adults, of which 603 were gig workers, found that the majority of gig workers would have to rely entirely on their own financial back-up should they become unable to work through illness or injury. Over half (53%) do not receive any employee benefits from their gig company. Almost a third (29%) of workers said they would rely on state benefits, while 16% would feel compelled to sell personal possessions to make ends meet. The ‘bank of mum and dad' would be the option for 19% of people. Re...

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 Employee Benefits

PIB Employee Benefits acquires YouatWork

PIB Employee Benefits acquires YouatWork

Expands product portfolio

Jaskeet Briah
clock 08 April 2024 • 1 min read
91% of employers have hybrid workers

91% of employers have hybrid workers

EAPs critical for employee health

Cameron Roberts
clock 02 April 2024 • 1 min read
Spectrum.Life partners with Duality Healthcare

Spectrum.Life partners with Duality Healthcare

Advancing mental healthcare accessibility

Jaskeet Briah
clock 28 March 2024 • 1 min read