Around one in four people would have no financial security if they couldn’t work due to illness, research from Cigna Europe finds.
The Cigna 360 Well-Being Survey canvassed responses from more than 1,000 people in the UK and illustrated the depth the Covid-19 pandemic has had on financial wellbeing. In addition to highlighting the need for greater income protection take-up with nearly half (39%) respondents lacking financial security in case of being unable to work if they were to become ill, it also found that just under one third (29%) of people have been unable to maintain their standard of living due to the pandemic. Meanwhile, around one quarter (24%) of respondents said they have been unable to pay their mo...
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