Women financially exposed by taking sick leave: Anorak

One in four women are financially dependent on their partner

John Brazier
clock • 1 min read

Women are far more financially vulnerable if they take sick leave from work than men, according to research published by Anorak.

Research among 1,250 employed and self-employed UK adults, commissioned by insurtech firm Anorak, found that one third (32%) of women would only be able to survive on their current savings for two weeks or less if they need to take unpaid leave.  The research also found that nearly 3 million women are unaware of how much sick pay they are entitled to, which Anorak stated highlights the increasing risk of having to take time off work without protection. Men were found that have, on average, more that £3,000 of savings compared to women, with one quarter (25%) being financially dependen...

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 Individual Protection

Financial situations have worsened for one third of adults

Financial situations have worsened for one third of adults

SJP research found

Jaskeet Briah
clock 06 March 2025 • 3 min read
The COVER Review: Claims statistics, a market entrant and protection sales

The COVER Review: Claims statistics, a market entrant and protection sales

Week commencing 24 February 2025

COVER
clock 03 March 2025 • 1 min read
One in 10 adults unaware of their monthly spending

One in 10 adults unaware of their monthly spending

Compare the Market research

Jaskeet Briah
clock 28 February 2025 • 2 min read