Quarter of Britons could access only £100 if unable to work

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New research from Aviva has shown that the average British household may only have enough cash to cover bills for 14 days if they lost their source of income.

The study also shows that one in four (24%) households say they could only access £100 without further borrowing within a week if the main breadwinner was unable to work. Results also found that the average household could only get their hands on £914 of disposable cash, less than two weeks expenditure of the estimated £471 weekly average according to Office of National Statistics data. Aviva says that the figures also show Britons are drastically under-insured with only 37% of households covered by life insurance or critical illness cover. The majority of Britons (59%) consider it...

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