Starting a new job is exciting but it is also a great time to take stock and make sure that if you were too ill or injured to work your income would be protected.
Simply fill in the form and instantly see Income Protection quotes comparing the top 10 UK insurers. If you need any help don’t hesitate to pop us a call on 02084327333.
According to consumer group Which?, Income Protection is the one policy every working adult should consider.
Employer Sick Pay and Government Support falling far short
Many of us don’t have savings that are sufficient to last more than a few months while government support and employer sick pay tends to fall far short of what’s required, even for those on relatively low incomes.
- 58% of employees would receive three months sick pay or less.
- 24% of employees would not receive anything above the basic Statutory Sick Pay (SSP) of £88.45 per week.
Risk of Long-term Illness
It’s human nature to avoid thinking about illness by adopting the “it won’t happen to me” mindset.
However, a protection survey conducted by Drewberry found that:
- One in five UK workers have been off work for three months or longer.
- One in three UK workers were off work because of mental health or back pain.
- One in three UK workers who are off work for six months are still off work five years later.