UK consumers twice as likely to insure pets over income

British consumers are twice as likely to take out insurance for their pets than for personal income protection, a U.K.-based income protection provider revealed in the results of a recent survey. 

Cirencester Friendly hired a research firm to gather responses from 2,000 workers in the United Kingdom between 18 and 54, finding that while 33% of respondents either have taken or would take out pet insurance, 17% either have taken or would take out income protection insurance. 

“It is pleasing to see increasing numbers of people turning to insurance to provide peace of mind should the worst happen,” however, insuring your income, in case illness or injury prevents you from working, is still too low on the agenda, David Macgregor, Cirencester Friendly’s commercial director said in a report. 

The company said the results highlight a “questionable choice of priorities.”