UK counting the cost of pandemic to financial wellbeing

Cigna research shows

John Brazier
clock • 1 min read
UK counting the cost of pandemic to financial wellbeing

Around one in four people would have no financial security if they couldn’t work due to illness, research from Cigna Europe finds.

The Cigna 360 Well-Being Survey canvassed responses from more than 1,000 people in the UK and illustrated the depth the Covid-19 pandemic has had on financial wellbeing. In addition to highlighting the need for greater income protection take-up with nearly half (39%) respondents lacking financial security in case of being unable to work if they were to become ill, it also found that just under one third (29%) of people have been unable to maintain their standard of living due to the pandemic....

To continue reading this article...

Join Cover

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Exclusive access to our fortnightly Protection insight mini-podcast.
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Marketing

Financial Services Forum: Protection in a post-pandemic era

Financial Services Forum: Protection in a post-pandemic era

Watch the full webinar

COVER
clock 20 November 2020 •
Adam Saville, editor, COVER

COVER editor Adam Saville to chair protection panel discussion

On Thursday 19 November

COVER
clock 17 November 2020 •
Mutual insurer Royal London joins forces with British photographer Rankin to tackle the taboos around death with a new digital exhibition Lost for Words, available to view from today - 16th November at https://lostforwords.royallondon.com/

Royal London and Rankin tackle taboo surrounding death

‘What if “the conversation” wasn’t so difficult?’

Adam Saville
clock 16 November 2020 •