Why do I need Short Term Income Protection Insurance?

The chances of you being unable to work for more than 30 days at some point in your career are quite high. Short Term Income Protection Insurance can pay you a monthly income and thereby help keep your finances out of trouble for up to 12 months.

If you become ill and unable to work, you'll still need to pay the bills and feed the family. Basic sick pay and Incapacity Benefit provides around £65 a week for the first year but would that be enough?

Short Term Income Protection Insurance can provide financial breathing space at a difficult time. Right now, while your job's well settled and you're fit and healthy, it might seem like a ridiculous waste of money, but situations can change very quickly!

Consider the following: -

• 28 % of people of working age have been unable to work for more than a month due to illness or accident, in the last five years.
• 9 % of people of working age have been off work for more than 3 months due to illness or accident, in the last 5 years
• 33% of people aged between 25 and 34 have been unemployed for more than a month at some point.
• 500 people in the UK become unemployed everyday.
• 60% of unemployed men and 45% of unemployed women will be out of work for over 6 six months.
• Around 80 families have their homes are repossessed every day - most of these due to unemployment.
• It's better to be safe rather than sorry - protect yourself with Short Term Income Protection Insurance!