{"id":1091,"date":"2022-04-28T16:18:33","date_gmt":"2022-04-28T15:18:33","guid":{"rendered":"https:\/\/www.protectline.co.uk\/blog\/?p=1091"},"modified":"2022-04-28T16:18:33","modified_gmt":"2022-04-28T15:18:33","slug":"families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection","status":"publish","type":"post","link":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/","title":{"rendered":"Families Prepared to Sacrifice Luxuries &#038; Entertainment to Keep Life Protection"},"content":{"rendered":"<h4 class=\"article-sub-head summary\">Individual protection has been ranked as the commodity people in the UK are least likely to give up due to increasing cost of living.<\/h4>\n<div id=\"rdm-rhc-below-article-summary\">According to a recent Censuswide survey commissioned by MetLife of 3,000 UK consumers, <strong>only 4% of respondents would sacrifice their income\/individual protection,<\/strong> while 5% said they would give up their life insurance or private medical insurance protection if forced to make cutbacks.<\/div>\n<div class=\"article-content\">\n<p>In contrast:<\/p>\n<ul>\n<li><strong>40% said they would give up everyday perks<\/strong> such as <strong>eating out or buying coffees<\/strong><\/li>\n<li><strong>37% are prepared to forgo &#8220;luxury items&#8221;<\/strong> such as household goods or furnishings<\/li>\n<li><strong>28% would give up<\/strong> entertainment subscriptions like <strong>Netflix<\/strong><\/li>\n<\/ul>\n<p>Alongside protection policies, people were least likely to give up private school fees (4%), travel tickets (6%) and phone contracts (6%), illustrating where UK families spending priorities currently lie.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-1092 size-full\" src=\"https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2022\/04\/FRLVRNAWYAAQ_U3.jpg\" alt=\"\" width=\"680\" height=\"383\" srcset=\"https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2022\/04\/FRLVRNAWYAAQ_U3.jpg 680w, https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2022\/04\/FRLVRNAWYAAQ_U3-300x169.jpg 300w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/><\/p>\n<p>The Office for National Statistics (<a href=\"https:\/\/www.ons.gov.uk\/peoplepopulationandcommunity\/personalandhouseholdfinances\/expenditure\/articles\/therisingcostoflivinganditsimpactonindividualsingreatbritain\/november2021tomarch2022\">ONS<\/a>) recently reported around 9 in 10 (87%) adults reported an increase in their cost of living over the past month compared with 62% in Nov 2021. The squeeze on household finances is very apparent, yet it&#8217;s clear that most people want to cling on to the protection they took out to protect their family.<\/p>\n<p>Chris Reed, head of business development, explained that highest inflation in 30 years, increasing fuel bills and food costs are all stopping money from going further each month.<\/p>\n<p>&#8220;It&#8217;s positive to see that families remain committed to holding life insurance policies as we know what a huge impact this cover can have especially when a family loses a young parent&#8221; he said.<\/p>\n<p>&#8220;Sometimes, we speak to families evaluating their finances who are really weighing up their priorities. We get it, Netflix gives everyone in the family a daily benefit. I know my daughter would be disappointed if we cancelled our subscription. But, if push came to shove I know I would prefer to know she and my wife would be ok should the worst happen to me. It would seem that many other parents would agree.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Sources:<br \/>\nhttps:\/\/www.covermagazine.co.uk\/news\/4048727\/consumers-value-protection-policies<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Individual protection has been ranked as the commodity people in the UK are least likely to give up due to increasing cost of living. According to a recent Censuswide survey commissioned by MetLife of 3,000 UK consumers, only 4% of respondents would sacrifice their income\/individual protection, while 5% said they would give up their life [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":1093,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.4 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Families Prepared to Sacrifice Luxuries &amp; Entertainment to Keep Life Protection - Protect Line Life Insurance<\/title>\n<meta name=\"description\" content=\"Life insurance protection has been ranked as the commodity people in the UK are least likely to give up due to increasing cost of living.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Families Prepared to Sacrifice Luxuries &amp; Entertainment to Keep Life Protection\" \/>\n<meta property=\"og:description\" content=\"Life insurance protection has been ranked as the commodity people in the UK are least likely to give up due to increasing cost of living.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/\" \/>\n<meta property=\"og:site_name\" content=\"Protect Line Life Insurance\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ProtectLine\/pages_feed\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-28T15:18:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2022\/04\/British-Man-stressed-cost-of-living.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Keely Marsango\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ProtectLineIns\" \/>\n<meta name=\"twitter:site\" content=\"@ProtectLineIns\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keely Marsango\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/\"},\"author\":{\"name\":\"Keely Marsango\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/person\/648c83bbb4452ee836cf10213b55439f\"},\"headline\":\"Families Prepared to Sacrifice Luxuries &#038; Entertainment to Keep Life Protection\",\"datePublished\":\"2022-04-28T15:18:33+00:00\",\"dateModified\":\"2022-04-28T15:18:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/\"},\"wordCount\":335,\"publisher\":{\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/\",\"url\":\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/\",\"name\":\"Families Prepared to Sacrifice Luxuries & Entertainment to Keep Life Protection - Protect Line Life Insurance\",\"isPartOf\":{\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#website\"},\"datePublished\":\"2022-04-28T15:18:33+00:00\",\"dateModified\":\"2022-04-28T15:18:33+00:00\",\"description\":\"Life insurance protection has been ranked as the commodity people in the UK are least likely to give up due to increasing cost of living.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.protectline.co.uk\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Families Prepared to Sacrifice Luxuries &#038; Entertainment to Keep Life Protection\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#website\",\"url\":\"https:\/\/www.protectline.co.uk\/blog\/\",\"name\":\"Protect Line Life Insurance\",\"description\":\"Finance, lifestyle and general insurance topics from the UK&#039;s #1 Life Insurance Broker on Trustpilot\",\"publisher\":{\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.protectline.co.uk\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#organization\",\"name\":\"Protect Line\",\"url\":\"https:\/\/www.protectline.co.uk\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2021\/07\/2020-STACKED-LOGO.png\",\"contentUrl\":\"https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2021\/07\/2020-STACKED-LOGO.png\",\"width\":504,\"height\":323,\"caption\":\"Protect Line\"},\"image\":{\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.pinterest.co.uk\/Protect_Line_Life_Insurance\/\",\"https:\/\/www.facebook.com\/ProtectLine\/pages_feed\/\",\"https:\/\/twitter.com\/ProtectLineIns\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/person\/648c83bbb4452ee836cf10213b55439f\",\"name\":\"Keely Marsango\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/068723c87b794530ccf3ee6609ee126d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/068723c87b794530ccf3ee6609ee126d?s=96&d=mm&r=g\",\"caption\":\"Keely Marsango\"},\"url\":\"https:\/\/www.protectline.co.uk\/blog\/author\/keely-marsango\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Families Prepared to Sacrifice Luxuries & Entertainment to Keep Life Protection - Protect Line Life Insurance","description":"Life insurance protection has been ranked as the commodity people in the UK are least likely to give up due to increasing cost of living.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/","og_locale":"en_GB","og_type":"article","og_title":"Families Prepared to Sacrifice Luxuries & Entertainment to Keep Life Protection","og_description":"Life insurance protection has been ranked as the commodity people in the UK are least likely to give up due to increasing cost of living.","og_url":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/","og_site_name":"Protect Line Life Insurance","article_publisher":"https:\/\/www.facebook.com\/ProtectLine\/pages_feed\/","article_published_time":"2022-04-28T15:18:33+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2022\/04\/British-Man-stressed-cost-of-living.png","type":"image\/png"}],"author":"Keely Marsango","twitter_card":"summary_large_image","twitter_creator":"@ProtectLineIns","twitter_site":"@ProtectLineIns","twitter_misc":{"Written by":"Keely Marsango","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/#article","isPartOf":{"@id":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/"},"author":{"name":"Keely Marsango","@id":"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/person\/648c83bbb4452ee836cf10213b55439f"},"headline":"Families Prepared to Sacrifice Luxuries &#038; Entertainment to Keep Life Protection","datePublished":"2022-04-28T15:18:33+00:00","dateModified":"2022-04-28T15:18:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/"},"wordCount":335,"publisher":{"@id":"https:\/\/www.protectline.co.uk\/blog\/#organization"},"articleSection":["News"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/","url":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/","name":"Families Prepared to Sacrifice Luxuries & Entertainment to Keep Life Protection - Protect Line Life Insurance","isPartOf":{"@id":"https:\/\/www.protectline.co.uk\/blog\/#website"},"datePublished":"2022-04-28T15:18:33+00:00","dateModified":"2022-04-28T15:18:33+00:00","description":"Life insurance protection has been ranked as the commodity people in the UK are least likely to give up due to increasing cost of living.","breadcrumb":{"@id":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.protectline.co.uk\/blog\/families-prepared-to-sacrifice-luxuries-entertainment-to-keep-life-protection\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.protectline.co.uk\/blog\/"},{"@type":"ListItem","position":2,"name":"Families Prepared to Sacrifice Luxuries &#038; Entertainment to Keep Life Protection"}]},{"@type":"WebSite","@id":"https:\/\/www.protectline.co.uk\/blog\/#website","url":"https:\/\/www.protectline.co.uk\/blog\/","name":"Protect Line Life Insurance","description":"Finance, lifestyle and general insurance topics from the UK&#039;s #1 Life Insurance Broker on Trustpilot","publisher":{"@id":"https:\/\/www.protectline.co.uk\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.protectline.co.uk\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.protectline.co.uk\/blog\/#organization","name":"Protect Line","url":"https:\/\/www.protectline.co.uk\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2021\/07\/2020-STACKED-LOGO.png","contentUrl":"https:\/\/www.protectline.co.uk\/blog\/wp-content\/uploads\/2021\/07\/2020-STACKED-LOGO.png","width":504,"height":323,"caption":"Protect Line"},"image":{"@id":"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.pinterest.co.uk\/Protect_Line_Life_Insurance\/","https:\/\/www.facebook.com\/ProtectLine\/pages_feed\/","https:\/\/twitter.com\/ProtectLineIns"]},{"@type":"Person","@id":"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/person\/648c83bbb4452ee836cf10213b55439f","name":"Keely Marsango","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.protectline.co.uk\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/068723c87b794530ccf3ee6609ee126d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/068723c87b794530ccf3ee6609ee126d?s=96&d=mm&r=g","caption":"Keely Marsango"},"url":"https:\/\/www.protectline.co.uk\/blog\/author\/keely-marsango\/"}]}},"_links":{"self":[{"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1091"}],"collection":[{"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=1091"}],"version-history":[{"count":4,"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1091\/revisions"}],"predecessor-version":[{"id":1098,"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1091\/revisions\/1098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/media\/1093"}],"wp:attachment":[{"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=1091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=1091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.protectline.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=1091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}