Carers provide £16,773 in unpaid care each year: MoneySuperMarket

The ‘sandwich generation’

Cameron Roberts
clock • 2 min read

MoneySuperMarket has published research which showed that adults caring for children and ageing relatives provide £16,773 worth of unpaid care per person each year.

The so called ‘sandwich generation', those aged 35-54 caring for children and adults, also often have full-time jobs to consider alongside care responsibilities, according to MoneySuperMarket. The firm discussed how the shortfall in unpaid work, should a carer pass away, could be more than £160,700 over 10 years, without including costs including bills, mortgages or children's savings. Kara Gammell, life insurance expert, MoneySuperMarket, said: "Most people think about insuring their mortgage if the worst happens but very few consider the financial impact of losing the work they prov...

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 Long Term Care

COVER Protection and Health Summit 2025: Afternoon roundup

COVER Protection and Health Summit 2025: Afternoon roundup

Product updates and core skills

Jaskeet Briah
clock 12 November 2025 • 3 min read
World Mental Health Day 2025: Access to services

World Mental Health Day 2025: Access to services

"Recovery is not a one-size-fits-all journey"

Jaskeet Briah
clock 10 October 2025 • 5 min read
NHS waiting list rises for fourth consecutive month

NHS waiting list rises for fourth consecutive month

7.41m people waiting treatment

Cameron Roberts
clock 10 October 2025 • 1 min read