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Who needs Income protection
insurance?
Just consider these worrying
statistics about unemployment and disability in the UK:
- Every day 90 families have their home
repossessed. The majority of these repossessions are because of the financial hardship
caused by unemployment.
- 20% of all working age households
(3.8million) have someone who is currently out of work.
- Every day 500 people loose their job
through redundancy. Nearly 70% of unemployed men and 50% of unemployed women will be out
of work for over 6 months.
- A third of all people aged between
26-37 have experienced unemployment for a period exceeding 2 months.
- Every day 3,000 people will attempt
to claim State Disability Benefits.
- Nearly 3 million people are disabled
and have been unable to work for a year or more.
Source: Department of Work and Pensions, 2003.
If you would like an instant
quote to find out how much the cover you require will cost please click here.
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Income Protection Insurance
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