We asked 500 people who have lost their spouse or partner in the last 5 years about how the loss affected them financially, including whether they lost their home, their job, or their savings.
- Over a third of people (36%) who moved after a loss moved to a smaller/cheaper rented property, and over 1 in 6 respondents (18%) sold their home to move into a smaller/cheaper property
- 45% of people who moved after a bereavement did so because they could no longer afford to pay the mortgage or rent, while 50% did so because of emotional reasons (such as memories aggravating the bereavement)
- Almost 2 in 5 respondents (38%) aged 16-24 said their spouse’s/partner’s death had an effect on their employment status, compared to under a fifth (19%) of respondents aged 55+
- More than two thirds (68%) of respondents said they were given bereavement leave, but 43% of respondents indicated that the bereavement leave they received was not enough
- Respondents received an average of 10 days off work when their spouse/partner died, and just under 4 in 5 (79%) respondents said they were paid while on bereavement leave
- The majority of respondents’ spouse/partner didn’t have life insurance (65%)
- 57% of respondents said their household isn’t financially comfortable after the death of their partner or spouse – 1 in 5 said it was not comfortable at all