11.6m renters at risk without IP

This figure represents 74% of renters in the UK, as they do not have the safety net of income protection (IP) to cover essential outgoings. Of those surveyed, 8% said they had protection to replace their income. Of those asked, 47% of respondents were worried about the ability to pay rent and bills. The research also pointed out that if they were unable to work that 35% of respondents would not know who long they would be paid by their employer. Justin Harper, chief marketing officer, LifeSearch, comments: "With property prices continuing to rise, lack of affordable housing for everyd...