96% of self-employed Brits do not have PMI - ActiveQuote

Adam Saville
clock • 1 min read

Almost three quarters think it is too expensive

Eighty-two percent of self-employed people do not have income protection (IP), 88% do not have any critical illness cover (CIC) and 96% do not have private medical insurance (PMI), research by ActiveQuote has revealed. "These numbers are quite shocking - it's understandable that cost would be a consideration for those who are self-employed, but with 28% claiming they would be unable to pay their energy bills and a further 25% saying they would struggle to pay food bills if they were unable to work, it's also worrying that there isn't a plan B in place should anything happen," said Mark T...

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 Adviser / Broking

Monzo to acquire Habito

Monzo to acquire Habito

Deal expected to complete Spring 2026

Cameron Roberts
clock 16 December 2025 • 1 min read
2025 in review: Adviser reflections on services

2025 in review: Adviser reflections on services

Underwriting, IHT, AI and limited innovation

Jaskeet Briah
clock 16 December 2025 • 6 min read
Term assurance sales up 16% for Reassured

Term assurance sales up 16% for Reassured

Increased searcher intent recorded since June 2025

Jaskeet Briah
clock 12 December 2025 • 1 min read