One third (33%) of people have or would take out pet insurance. Compared to just 17% who would take out income protection.
Despite improving attitudes towards insurance for pets and phones, income protection remains less popular. Falling ill or being too injured to work can be stressful at the best of times and that is without considering the financial implications, which can result in people trying to return to work even if they are not really fit enough to do so – potentially creating even more distress.
After 4 days you can get £95.85 a week Statutory Sick Pay (SSP) for up to 28 weeks. (As at April 2020). Different rules apply if you are affected by Covid 19
How would you survive if you were signed off work due to illness or injury?
Call me if you would like to discuss the options available, it’s probably not as expensive as you think…
These findings came from independent research initiated by Cirencester Friendly and conducted by Censuswide of over 2,000 workers in the UK, aged between 18 and 54.
A version of this article was first published March 26th 2020 as a LinkedIn article