This statistic illustrates the share of adults that check that their income and payment protection cover is adequate at least once a year in the United Kingdom as of 2015, by family financial status. It can be seen that 30.4 percent of 'affluent and ambitious' consumers stated that they check their cover for adequacy at least once a year.
Share of adults that check the adequacy of their income and payment protection cover at least once a year in the United Kingdom (UK) as of 2015, by family financial status
According to the source: "Consumer Spotlight examines how people in the UK deal with money and financial services, with a unique focus on the capabilities and potential vulnerabilities of different groups."
Data reflects share per each family/social financial group.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Financial Conduct Authority. (January 19, 2016). Share of adults that check the adequacy of their income and payment protection cover at least once a year in the United Kingdom (UK) as of 2015, by family financial status [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/592432/income-protection-cover-annual-adequacy-check-by-financial-status-united-kingdom-uk/
Financial Conduct Authority. "Share of adults that check the adequacy of their income and payment protection cover at least once a year in the United Kingdom (UK) as of 2015, by family financial status." Chart. January 19, 2016. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/592432/income-protection-cover-annual-adequacy-check-by-financial-status-united-kingdom-uk/
Financial Conduct Authority. (2016). Share of adults that check the adequacy of their income and payment protection cover at least once a year in the United Kingdom (UK) as of 2015, by family financial status. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/592432/income-protection-cover-annual-adequacy-check-by-financial-status-united-kingdom-uk/
Financial Conduct Authority. "Share of Adults That Check The Adequacy of Their Income and Payment Protection Cover at Least Once a Year in The United Kingdom (Uk) as of 2015, by Family Financial Status." Statista, Statista Inc., 19 Jan 2016, https://www.statista.com/statistics/592432/income-protection-cover-annual-adequacy-check-by-financial-status-united-kingdom-uk/
Financial Conduct Authority, Share of adults that check the adequacy of their income and payment protection cover at least once a year in the United Kingdom (UK) as of 2015, by family financial status Statista, https://www.statista.com/statistics/592432/income-protection-cover-annual-adequacy-check-by-financial-status-united-kingdom-uk/ (last visited December 22, 2024)
Share of adults that check the adequacy of their income and payment protection cover at least once a year in the United Kingdom (UK) as of 2015, by family financial status [Graph], Financial Conduct Authority, January 19, 2016. [Online]. Available: https://www.statista.com/statistics/592432/income-protection-cover-annual-adequacy-check-by-financial-status-united-kingdom-uk/
