Group protection market displaying a 'gender paradox'

L&G study shows

John Brazier
clock • 2 min read

New research from Legal & General finds that fewer women are engaging and understanding group protection benefits and services than men, despite showing higher levels of awareness and understanding

The study of just over 1,000 UK employees with access to either group income protection (GIP), critical illness cover (CIC) and employee assistance programmes (EAPs), showed that despite displaying a higher level of understanding regarding the limitations of state health and welfare limitations, engagement with group protection benefits was lower among women compared to men. L&G found that two-thirds of women (66% and similarly 63% of men) find these policies relevant to their health, wealth and happiness, yet far fewer women (56%) than men (68%) have engaged with these benefits.   On...

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