More than 13 million UK women lack a financial safety net

clock • 2 min read

For nearly three in ten (28%) women in the UK, the inability to support themselves or their families financially is their greatest financial fear, according to research.

The report from Aegon ‘Protection matters: does women's financial planning match their priorities?', found that nearly half (46%) of 2,000 women polled believe it's solely their responsibility to make sure that their family has enough income should the unexpected happen. Twenty nine percent of mothers rank the financial security of their children as second only to their children's health and happiness (56%) in their priorities, while for those without children, 42% place their partner as their top priority. Yet over half (51%) of women in the UK have no form of protection at all to co...

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 Individual Protection

COVER to launch Mortgage Protection Zone

COVER to launch Mortgage Protection Zone

Content, video and insights for advisers navigating mortgage protection

COVER
clock 09 February 2026 • 2 min read
Partner Insight: Rethinking mortgage protection: Is covering just the home enough?

Partner Insight: Rethinking mortgage protection: Is covering just the home enough?

With rising living costs, homeowners face unprecedented financial pressure, giving advisers an opportunity to reframe the mortgage protection conversation.

Andy Philo, Strategic Partnerships Director for Vitality
clock 09 February 2026 • 5 min read
Half of couples unsure on location of their partner's will

Half of couples unsure on location of their partner's will

40% know where to find life insurance policy

Jaskeet Briah
clock 04 February 2026 • 2 min read