 | 90 families a day had their homes repossessed in 2000. The
majority due to the financial problems with unemployment |
| One in three people aged between 25 - 34 have experienced
unemployment for a period in excess of one month |
| Almost one in five working age households (3.4 million)
have someone who is currently unemployed |
| Every day 500 people in the UK become unemployed. 60% of
unemployed men and 45% of unemployed women will be out of work for 6 months
or more |
| Every adult in Britain is five times more likely to suffer
a serious disability than die before the age of 60 |
| Today in Britain, 2,900 people will start claiming State
disability benefits |
| 1,800,000 people in Britain are already disabled and have
been unable to work for 12 months or more |
| The State benefit for a single person are currently
(1.3.2001) under £60 per week. |
| The State Benefit for two adults and two children is
£96.00 per week |
| Since October 1995 new mortgage borrowers receive no state
help for the first 9 months of unemployment or disability. Existing mortgage
borrowers receive nothing for the first two months, 50% for the next four
months and then full benefit for mortgages up to £100,000 providing they
qualify for income support. The Government estimate that 70% of mortgage
borrowers will not get income support due to savings, income or a working
spouse or partner. |
| In 1998 the introduction of new incapacity criteria
resulted in 102,000 claimants being turned down for any state benefit. An
independent doctor will carry out the assessment and you must be incapable
of doing any work, not just your normal job, to qualify for state
benefit. |
| You do NOT need to have a mortgage to be insured. However
it will cover your monthly mortgage payment, rent, loans, household bills
etc |
| Free transfer and immediate cover for existing
policyholders |
| Highly competitive premiums paid by monthly direct debit at
no extra cost |
| Each applicant can select up to £2,500 per month benefit |
| Only a 30 day excess period |
| Benefits payable for 12 months |
| Choose either unemployment, or disability or combined |
| The self-employed, directors and proprietors of businesses
are covered if their business ceases to trade |
| Tax free benefits |
| No loading on the basis of age, gender, occupation or
smoking habits |
| Wide acceptance criteria |
