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|  Useful Statistics
| | - Did you know that Department of Social Security statistics reveal that you are 16 times more likely to be unable to work for more than six months than you are to die before 65? Protection your income in the event of such a long-term illness makes sense.
- Did you know that at any time more than 1.7 million people have been off work for six months or longer due to sickness, accident or disability?
- Did you know that there are three types of income protection insurance? The first is an 'own occupation policy' and pays benefits if you cannot continue to work in your present job. The second in an 'any suitable occupation policy' that pays when you cannot do any work suitable to your level of experience and training. The final category is the 'any occupation' policy that covers you if you are unable to do work of any kind. The first category is best - avoid the others, especially the third, at all costs. You have as much chance of making a valid claim as winning the National Lottery jackpot.
- Did you know that some insurance companies offer limited benefit income protection insurance plans? These restrict the payment of benefit to a maximum number of years - two-three and five year periods are typical. Such cover requires lower premiums, but one the benefit period has expired you will receive no further payments.
- Did you know that only 15% of the working population has any form of insurance against the financial consequences of becoming disabled?
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