Need for Income Protection Insurance

Simply consider the following information:

  1. Currently 90 families a day are having their homes repossessed. The majority due to the financial difficulties associated with accident, sickness & unemployment
  2. One in three people aged between 25-34 have experienced unemployment for a period in excess of four weeks.
  3. Almost 20 percent of working age households (3.4 million) have someone who is currently unemployed.
  4. Today in the UK there are nearly 1,000,000 persons who are registered as unemployed

Every day 500 people in the UK become unemployed. 60% of unemployed men and 45% of unemployed women will be out of work for six months or more. 

How will this type of insurance help me ?                                     

  1. This insurance has been designed to overcome the consequences of accident, sickness and unemployment. It provides you with the following benefits:
  2. Free transfer and immediate cover for clients who switch from another insurer (see section 7).
  3. Highly competitive premiums payable monthly by standing order.
  4. Up to £2,500 per month of tax-free benefit.
  5. Benefits payable for 12 months after your selected excess period or 24.
  6. Accident, Sickness and Redundancy cover if you are employed.
  7. Accident, Sickness Bankruptcy and Cessation of Business cover for the self-employed.
  8. Accident Sickness Bankruptcy and Involuntary Liquidation cover for Controlling Directors.
  9. No premium loading on the basis of age, gender or geographical location.

Who is eligible for cover under this insurance?

  1. Are aged between 18 and 60 and are permanently resident within the UK,
  2. Are actively working for more than 16 hours per week and have been in continuous employment for more than six months before the insurance start date. You cannot obtain this insurance if you work in temporary or seasonal employment,
  3. Are in good health and know of no impending unemployment or disability, (Any company mergers or takeovers must be declared).

 

"A great price with all the benefits I need for my family"

Paul Marshall, Birmingham

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