Financial Services » Insurance » Insurance industry UK | Insurance expenditure by age 2016

Insurance: weekly expenditure in the UK 2016, by age

Average weekly household expenditure on insurance in the United Kingdom in 2016, by age of household reference person (in British Pounds)
Created with Highcharts 5.0.1412.612.617.217.220.820.815.915.912.512.516.916.9Less than 3030 to 4950 to 6465 to 7475 or overAll households0510152025

The data depicts the average weekly household expenditure on insurance in the UK as of year end 2017. It can be seen that respondents with a household reference person aged 50 to 64 spent an average of 20.8 GBP per week on insurance services at that time. These insurance services include household insurance, medical, vehicle, moving, bank and other insurance services.

Less than 30 12.6
30 to 49 17.2
50 to 64 20.8
65 to 74 15.9
75 or over 12.5
All households 16.9