Who needs BIBA income protection insurance?

Just consider these worrying statistics about unemployment and disability in the UK:

  • Every day 90 families have their home repossessed. The majority of these repossessions are because of the financial hardship caused by unemployment.

  • 20% of all working age households (3.8million) have someone who is currently out of work.

  • Every day 500 people loose their job through redundancy. Nearly 70% of unemployed men and 50% of unemployed women will be out of work for over 6 months.

  • A third of all people aged between 26-37 have experienced unemployment for a period exceeding 2 months.

  • Every day 3,000 people will attempt to claim State Disability Benefits.

  • Nearly 3 million people are disabled and have been unable to work for a year or more.

    Source: Department of Work and Pensions, 2003.

Accident sickness and unemployment insurance - main page

Income protection insurance