Your Finances Should You Have An Accident?
For anyone that is in employment whether it be a self employed person, an employee or a part time employee the risk of being unable to work due to an accident or an illness should be taken into consideration.
Could you afford to survive if you were off work due to an accident or illness for a long period of time on the government’s statutory sick pay? Statutory sick pick is typically around eighty pounds a week and is paid by your employer to you for up to a maximum of twenty eight weeks.
Whether you are living in rented accommodation or you own your own property, everybody has bills to pay for. Would the government’s statutory sick pack cover the costs of your bills? An Income Protection Insurance policy is available to help alleviate some of the financial pressures if you were so unfortunate to become ill or have an accident and were unable to work.
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