Pandemic drives employee demand for protection

Cost of cover perceived to be too high

clock • 1 min read

Employees demanding more protection from employers during Covid-19, AIG study suggests

A survey from UK life insurer AIG Life has found increasing demand for protection insurance from employees in response to the Covid-19 pandemic. Over one-third (37%) of 986 employees surveyed across the nation indicated a desire for greater protection insurance, such as life insurance, income protection and critical illness from their employer. Meanwhile, the pandemic has spurred 30% of respondents into discovering details about what protection their employers offer. Over half of respondents (55%) stated that they are looking to employers for coverage as they believe buying individ...

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

Bupa extends JAAQ workplace mental health partnership

Bupa extends JAAQ workplace mental health partnership

Key focus on child and adolescent mental health services

Jaskeet Briah
clock 15 April 2024 • 2 min read
Female caregivers have a higher absence rate at work

Female caregivers have a higher absence rate at work

20% of men were a primary caregiver

Jaskeet Briah
clock 11 April 2024 • 2 min read
Working To Wellbeing launches Neurodiversity Work Support Programme

Working To Wellbeing launches Neurodiversity Work Support Programme

Improving overall functioning and productivity

Jaskeet Briah
clock 10 April 2024 • 2 min read