Manual workers missing out on protection

Research has highlighted a significant protection gap among manual workers in the UK.

Almost a quarter (23%) of manual workers believe they are likely to experience an accident at work within the next three years, higher than the national average of 19%. But this demographic is one of the least insured groups – only 4% have income protection in place and 1% have accident-only income protection.

Despite the occupational hazards, 36% of manual workers have not considered how they would cope financially if they had a non-fatal accident. A quarter (24%) wouldn’t know what to do in this situation – this is notably higher than the national average of 15%, therefore indicating a knowledge gap within this occupation.

As with all insurance policies, conditions and exclusions will apply

Sources:
https://protectionreporter.co.uk/mind-the-gap-why-manual-workers-are-falling-through-the-cracks-in-income-protection.html