Over one quarter (28%) of workers aged 25-44 would struggle to pay household bills if they were unable to work for two months or more, according to LV=.
Research from the provider's latest Fuel for Life report found that 45% of surveyed individuals aged 25-44 who have no protection in place would struggle financially if they fall ill and unable to work. Meanwhile, three in five people without a protection product said they would feel more "financially resilient" if they had a policy in place to support them during this economic turmoil. Mike Farrell, protection sales director at LV=, said: "The cost of living crisis will continue to be a challenge that many of us face for some time to come as the UK navigates through difficult economi...
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