4.5 million UK dads have no life insurance - Scottish Widows

More than half (58%) of men in the UK with dependent children have no life insurance, research from Scottish Widows has suggested. This is according to a sample survey of 5,022 UK adults (conducted in April) - 15.17% of whom were dads - which if spread across the entire population amounts to approximately 4.5 million fathers without cover. This figure has risen 5% since 2017, a year-on-year increase of around 542,000 individuals. Despite a fifth (20%) of dads admitting their households would not survive financially if they lost their income due to long-term illness, only 18% have a...