Two thirds of employees are not offered PMI or life cover

Critical illness the least received benefit

Jaskeet Briah
clock • 2 min read

Over two thirds (68%) of employees have not been offered private medical insurance (PMI) or life cover as a benefit through the workplace, new research has found.

Employment consultancy Barnett Waddingham surveyed 3,006 employees aged over 18 and found the protection gap is widening through the workplace, as two thirds of employees surveyed did not have access to any form of protection via their employer. There was a greater protection gap among certain genders, according to the research, as 71% of women were not offered PMI, compared to 58% of men. Despite this, 40% of employees said they would pay for PMI or life insurance if provided by their employer. Overall, critical illness was the least received benefit by businesses, as 72% of employee...

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