Builder's legs are worth
£1.1 million but an engineer's eye is worth £3.4 million
TAYLOR Swift might have insured her
legs for £26 million ($40 million), but British workers also put high price tags
on their body parts.
The average worker from the North West values their legs at £791,884 which is
11% lower than the national average of £891,408
The average builder thinks their legs would be worth £1,185,000 for being
crucial tools of their trade. Engineers and lawyers are even more precious about
their limbs, putting their worth at £1.2 million. Telecoms workers value their
legs more highly still at £1.9 million.
£1,140,000 is what doctors and nurses would ask for and the average shop worker,
traditionally on their feet a lot, valued their legs at £1,045,000.
The research, conducted by family focussed insurance brand There®, asked 2,000
professionals across 20 different industries to put an insurance value on
different body parts to highlight their impact on earning potential. In the
North East eyes were the most valued, followed by face, hands then legs.
Engineers top the tables with an insurance value on their eyes of £3.4 million,
followed by plumbers and electricians at £3.1 million and telecoms workers at
Plumbers and electricians also put 1 of the highest price tags on their hands
at £2.2 million, with their index finger alone being worth £1,196,107 in
Philippa McLaglen, Marketing Manager from There® explains:-
insuring her legs isn't as mad as it sounds; they're part of the
'Taylor Swift' brand and so affect her earning
power. Similarly damage to a builder's leg or an engineer's eye would have a big
impact on their earning potential. Being fit and healthy is crucial to an
individual's ability to do their job which is why, despite so many other
financial pressures, 1 in 4 in our study has considered insuring themselves
against being unable to work due to injury. With financial protection, anything
is better than nothing if you get injured and can't do your job."
In fact 75% of designers said they wouldn't be able to do their job if they
injured their hands or arms, making the £1.4 million insurance price tag they'd
place on them understandable. 77% of the hospitality industry also admitted they
couldn't do their jobs if they injured their hands.
The research also showed a difference between self employed and employed
workers. Self employed people valued their bodies even more highly. This is
reflected in the fact the self employed are more likely to think insurance
against injury is a sensible precaution (57% vs. 45%) and that 64% of them feel
more pressure to take care of their physical well being because they are
Philippa McLaglen, Marketing Manager of There® continues:-
"The self employed are especially at risk and feel the pinch more than those who
have the safety net of an employer that provides sick pay. Our Too ill to work
insurance is designed to pay out if someone does injure themselves, like
breaking an arm or leg, and can't do their job for a while."
Statistics Source:- The research was conducted by OnePoll on behalf of There® surveying
2,000 UK workers across 20 industries. Carried out online August 2015.