60% of UK women with dependent child have no life cover

Adam Saville
clock • 2 min read

Research from Scottish Widows also shows only 13% of mums have a critical illness policy

New research by Scottish Widows has revealed that the majority of mums are unprotected financially. According a survey of 5,077 adults in the UK, 60% of women with a dependent child have no life insurance, while only 13% have a critical illness policy. About 31% of mothers admitted that their household would be placed at financial risk if they lost their income unexpectedly, while one in four (25%) claimed they could only pay their mortgage for a maximum of three months and two fifths (39%) said they would have to use their savings to cover themselves financially if placed in adverse ...

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

Young workers desire protection against job loss to AI

Young workers desire protection against job loss to AI

Gen Z most likely to purchase this cover

Jaskeet Briah
clock 04 July 2025 • 1 min read
Parents at financial risk due to childcare

Parents at financial risk due to childcare

MetLife research findings

Jaskeet Briah
clock 01 July 2025 • 1 min read
IPTF launches 7 Claims Stories video on misrepresentation

IPTF launches 7 Claims Stories video on misrepresentation

Third video in series

Jaskeet Briah
clock 30 June 2025 • 1 min read