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

The COVER Review: Protection sales, fit notes and long-term care

The COVER Review: Protection sales, fit notes and long-term care

Week commencing 18 May 2026

COVER
clock 22 May 2026 • 1 min read
Decline in new sales for most protection lines: Swiss Re Term & Health Watch

Decline in new sales for most protection lines: Swiss Re Term & Health Watch

L&G overtakes Aviva in term assurance sales

Jaskeet Briah
clock 21 May 2026 • 3 min read
Mental Health Awareness Week is not just for clients

Mental Health Awareness Week is not just for clients

Mental health resources and opinion

Cameron Roberts
clock 15 May 2026 • 4 min read