Zurich, in collaboration with the Smith School of Enterprise and the Environment at the University of Oxford, has published the UK recommendations from its report, 'Embracing the income protection gaps challenge: options and solutions'.
The study, outlines practical recommendations for how government, employers, insurers and intermediaries can work together to build financial resilience where the main adult wage earner in a household becomes too ill to work or dies. The urgent need for solutions in the UK comes as state support for those unable to work is being reduced and the working population ages, with people at increased risk of becoming disabled during their career, Zurich said. Key recommendations include: Government To create an environment for optimal workplace-based solutions, such as financ...
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