UK Employee Demand for Income Protection Rises, Employers Lag Behind
Gallagher's analysis reveals a significant increase in demand for income protection among UK employees aged 20 to 59, yet only 24% of employers offer this benefit. As employees age, their benefit preferences shift from lifestyle-focused offerings to protection and health-focused benefits. The data highlights a gap between employee desires and employer offerings, with income protection and critical illness insurance becoming increasingly important in later career stages.