'UK employees spend £174 a month on wellbeing products'

Research from Canada Life reveals

Adam Saville
clock • 3 min read

Millennials are 'especially receptive' to workplace benefits

Employees in the UK spent an average of £174 per month on wellbeing products in 2018, research from Canada Life Group Insurance has found - double this amount (£347) was spent on average by workers in London. Without the capital's workforce counted as part of the national average, the monthly amount spent by employees across UK regions was £101, for wellness products which include insurance cover such as income protection and perks like gym memberships. The survey of 1001 UK adults also found that working millennials (aged 18 and 34) spent more than double the national monthly average...

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 Group Protection

Aviva extends group protection access to EAP

Aviva extends group protection access to EAP

Partnership with HealthHero

Jaskeet Briah
clock 02 December 2025 • 2 min read
Aviva replaces group protection platform

Aviva replaces group protection platform

Aviva Fusion launched

Jaskeet Briah
clock 24 November 2025 • 1 min read
Partner Insight: Rethinking Life Insurance for Today's Workforce -Supporting Wellbeing Beyond the Policy

Partner Insight: Rethinking Life Insurance for Today's Workforce -Supporting Wellbeing Beyond the Policy

MetLife’s Group Life & Legacy proposition supports employees through every stage of life, and every stage of loss.

Charlotte O’Brien, Head of Employee Benefits, MetLife UK
clock 24 November 2025 • 4 min read