Income protection engagement low despite cost of living crisis

Data from The Exeter's Challenging Times: The health and financial fears of UK workers report found that only 17% of respondents have, or are in the process of applying for, income protection policies. This is despite 43% of working age adults stating they are worried about a loss of earning due to personal illness, rising to 47% in London. However, 18% surveyed individuals didn't see the need for insurance products such as income protection or life insurance, while 8% of respondents didn't know what protection products were and a further 9% of workers would like to know more but didn...