Research shows that many people in the UK are uncertain about their family’s financial security if the unexpected were to happen. Only one in five feel very confident that their loved ones would feel financially secure. Just over a third (35%) believe their family could ‘manage for a while,’ but almost a quarter aren’t confident at all.
Confidence levels vary across demographics. Women are less certain than men that their family would be secure – 49% versus 67% – and employees at large companies tend to feel more secure than those in smaller firms. The least confident age group is 45 to 54, with one in three saying their family would not manage financially without them.
These findings highlight a gap in financial resilience that can leave families exposed. Taking steps now to review your life insurance arrangements can help provide reassurance, protect your loved ones, and give you peace of mind that they’ll be cared for no matter what happens.
Source: The Exeter, 2025