Nearly half (43%) of UK working adults hold no personal protection, with men more likely than women to hold a policy, LV= has found.
According to the provider's fourth Reaching Resilience Report, there was lower uptake of term life insurance (29%), critical illness cover (25%) and income protection (25%) compared to pet insurance (33%). LV= said this leaves many potentially exposed if illness or injury were to impact their ability to work. Looking at the gender disparities among respondents, LV= found that men were more likely than women to hold life insurance (31% vs 26%), critical illness cover (27% vs 23%), income protection (28% vs 22%) and private health insurance (32% vs 26%), while uptake of pet insurance wa...
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