Could you survive on statutory sick pay?
Would £109.40 per week be enough to live on? (1)
Managing on just over £100 per week statutory sick pay wouldn’t be enough for many people as we rely on our income to pay the bills and run our home.
‘The average UK consumer is just 19 days from the breadline.’ (2)
Prepare for the unexpected with income protection
Have you thought how you’d manage if you couldn’t work due to sickness and injury? With 42% of adults believing they could survive for only a month or less on their savings, is this a risk you’re willing to take? (2)
With income protection, you have the reassurance of receiving a regular tax-free replacement income whilst you’re unable to work.
The importance of income protection
Having an insurance policy that protects your income takes the worry out of paying any existing monthly outgoings and provides a regular payment until you’re back on your feet again. This valuable income would help pay your bills and put food on the table.
We can help find the right protection for you
We know a lot about insurance and will do all the hard work, spending time understanding your situation, needs and budget. We will then research the market, reviewing a wide range of deals to ensure you have right policies in place that offer the right level of protection for you.
We have happy clients!
Nothing short of BRILLIANT Service received by Mallory Financial. I was purchasing investment properties via a limited company for the first time and needed help on a number of things. They provided assistance above and beyond in making sure I was knowledgeable and equipped. A company that genuinely has their client’s best interest at hand, providing personal and dedicated care. Cliche but I’m looking forward to working with them again in the future.
Sources:
(1) https://www.gov.uk/statutory-sick-pay
(2) https://www.legalandgeneral.com/landg-assets/adviser/files/protection/sales-aid/deadline-to-breadline-report-2022.pdf
Availability and cost of cover is subject to criteria such as health and lifestyle questions, medical history, underwriter review and cover availability.
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