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Should you insure for accident and sickness or accident, sickness and unemployment?
The Short Term Income Protection Insurance Burgesses offer gives you the option of insuring yourself for:
- Unemployment
- Disability (that’s accident and sickness)
- or disability and unemployment
The premiums are very reasonable and, so as long as you can afford them, it’s best to insure yourself for all eventualities.
Hot Topics
- What is Short Term Income Protection Insurance?(Also known as Accident Sickness and Unemployment Insurance)
-
Short Term Income Protection Insurance pay a tax free monthly income for up to 12 months if you were off work due to sickness, accident, or unemployment.
- Why should you have Short Term Income Protection Insurance?
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The chances of you being off work for more than 30 days are quite high. Short Term Income Protection Insurance will help provide the income you need.
- You want to ensure that you receive a monthly income if you became sick, unemployed or had an accident for as long as you were off work (i.e. no limit of 12 months) or until the insurance policy finished whichever came sooner.
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You need Permanent Health Insurance.
- How much should you insure for?
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Most people get enough income protection insurance to cover their fixed monthly bills plus sufficient for day to day living expenses.
- For how long will the policy continue to provide income
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Short Term Income Protection Insurance will provide income if you are off work and the income will continue for up to 12 months or cease when you return to work, whichever is the sooner.
Think about the following: -
Hot Topics
- What is Short Term Income Protection Insurance?(Also known as Accident Sickness and Unemployment Insurance)
- Short Term Income Protection Insurance pay a tax free monthly income for up to 12 months if you were off work due to sickness, accident, or unemployment.
- Why should you have Short Term Income Protection Insurance?
- The chances of you being off work for more than 30 days are quite high. Short Term Income Protection Insurance will help provide the income you need.
- You want to ensure that you receive a monthly income if you became sick, unemployed or had an accident for as long as you were off work (i.e. no limit of 12 months) or until the insurance policy finished whichever came sooner.
- You need Permanent Health Insurance.
- How much should you insure for?
- Most people get enough income protection insurance to cover their fixed monthly bills plus sufficient for day to day living expenses.
- For how long will the policy continue to provide income
- Short Term Income Protection Insurance will provide income if you are off work and the income will continue for up to 12 months or cease when you return to work, whichever is the sooner.
- Over the last 5 years accident or illness has caused 28 % of people to have been off work for accident or illness has caused 9 % of people to have been off work for more than 3 months.
- Between the ages of 25 and 34, one in three people have experienced unemployment for more than a month.
- 500 people become unemployed each day in the UK. 45% of unemployed women and 60% of unemployed men will be out of work for 6 months or more.
- Around 80 houses are repossessed each day. Most of these are due to unemployment.
Frequently Asked Questions related to the above topic.
Click below if you wish to read them: -
- What is Short Term Income Protection Insurance? (Also known as Accident Sickness and Unemployment Insurance)
- Why should you have Short Term Income Protection Insurance?
- How much will it cost?
- Will Short Term Income Protection Insurance pay out immediately you make a claim?
- Are there any situations that would result in your claim being refused?
- You want a lump sum if you were to die or become very seriously ill and could not work again. What sort of insurance do you need?
- You want to ensure that your monthly mortgage repayment is paid, if you became sick, unemployed or had an accident. What sort of insurance do you need?
- How long should you insure for?
- For how long will the policy continue to provide income?
- Will a claim under a Short Term Income Protection policy affect any State benefits to which you may be entitled?
- You want to ensure that you receive a monthly income if you became sick, unemployed or had an accident for as long as you were off work (i.e. no limit of 12 months) or until the insurance policy finished whichever came sooner.Will a claim under a Short Term Income Protection policy affect any State benefits to which you may be entitled?
- What happens if I am made redundant?