Most people get paid if they are off sick,

Average seems to be about 3 months pay, good is six months and excellent might be something like six months full pay followed by 6 months half pay.

After that you are on your own. Well, not quite on your own, if you qualify, you may get Employment and Support Allowance, although £95 per week doesn’t go as far as it used to. And there are other bits and bobs that may come your way, say, if you are a family and your partner works, you may get tax credits or even carers allowances.

The Government know that 3 out of every 10 of us that work will become disabled before we are 60.

Wow. You’d have thought that would mean an insurance that replaced your wages if you were off sick would be in serious demand wouldn’t you? After all, it’s a fair bet that you’ll claim and the consequences if you don’t have the insurance are…well, pretty close to a life of poverty.

So, why is this insurance not flying off the shelves?

2 Reasons

1. You think it’s going to be expensive.

2. You think you have it in your Accident Sickness and Redundancy cover with the mortgage.

Lets start with number 2 – the accident and sickness in that style of policy only pays out for either 12 or 24 months. Really it should pay out to age 65, which leads us to point 1.

If it has to pay out to age 65 isn’t it going to be crazily expensive?

Well, no, not really.

It would be if you are a lumberjack or a stuntman, but for someone with an office job or a sales job it can be quite cheap. What do I mean bu quite cheap?

Well, it’s not uncommon to quote premiums lower than £20pm.

Obviously it depends on your job, your health and how long your sick pay lasts as well as a few other details, but this is probably the best value insurance policy you can get.

Call press ‘Call back’ and I’ll give you a quote.