Nobody likes to think about getting ill, but mortgages, bills and general living expenses do not stop because you have to stop working.
There are no financial certainties these days and in the current economic climate it’s now more important than ever to protect yourself, so having reliable Income Protection Cover helps provide peace of mind and security.
Extra commitments of, say, regular savings payments or investments for the future, could see your plans start to collapse. Income Protection Cover provides a regular payment, replacing your income, to help you maintain the lifestyle that you have worked to achieve.
Over 2.4 million people are claiming Employment and Support Allowance (ESA)*
Of these, 35% had been claiming for 10 years or more. You are statistically more likely to have a long-term serious illness than to die before retirement.**
State benefits help towards covering everyday costs, but with a maximum ESA of just £106.50, the majority of people believe that they could not survive on state benefits alone. Studies show that 15 million people would be financially at risk if they lost their main source of income.^
* gov.uk Oct 2013
** Local adviser Oct 2013
^ unbiased.co.uk 2012
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