Just 2% of gig economy workers have access to life Insurance, income protection or life insurance via their gig company, according to new research by Zurich UK.
As part of Zurich UK's Restless Worklife report, UK-wide analysis from YouGov of over 4,200 adults, of which 603 were gig workers, found that the majority of gig workers would have to rely entirely on their own financial back-up should they become unable to work through illness or injury. Over half (53%) do not receive any employee benefits from their gig company. Almost a third (29%) of workers said they would rely on state benefits, while 16% would feel compelled to sell personal possessions to make ends meet. The ‘bank of mum and dad' would be the option for 19% of people. Re...
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