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Employment and good health most important to Brits

Published on 03/06/2013

A Briton’s sense of wellbeing is determined by a good level of health and employment more than relationships, according to a new survey.


Money played a big part in people's well-being

Having “very bad” health decreased life satisfaction by 2.4 points (out of 10) compared to those in good health, says research from the Office for National Statistics (ONS). This meant health was the most significant factor in the happiness of Brits.

Health insurance can give you quick access to private medical treatment and avoid NHS waiting lists giving you peace of mind should you fall ill.

The report also found that unemployed people for an average of three years scored 1.2 points lower than those content in a permanent job.

According to the ONS, the rate of unemployment in the UK as of spring 2013 is 7.8%.

The research was based on data from 165,000 UK households from April 2011 to March 2012 and was launched following a request from David Cameron to understand the well-being of the UK.

Initial findings a year ago found that around 75% of Britons aged 16 or over rated their overall life satisfaction as seven or more out of 10. This recent study investigated the data in more detail.

Factors that also ranked well included living in a household of more than one, being in a stable relationship and having a higher wage.

Dawn Snape, an ONS researcher and co-author of the report, said: “We can say from these figures that health has the biggest impact on ratings for personal well-being.

“On earnings, we can say that people who earn more have higher life satisfaction than people who earn less, but it doesn’t affect happiness or anxiety levels.”

If you are concerned about you becoming unemployed, income protection can give you a monthly benefit should you become involuntarily redundant.

© ActiveQuote Ltd. 2013


Categories:  Income ProtectionHealth InsuranceHealthMedical
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