“I am never off work, so I don’t need Income Protection!”
I don’t know how many times I have heard a client say that when we have been discussing their protection needs. The trouble is that most people never expect they will be off work for any length of time, and even if they are, “well, the state will look after me won’t it?” Time to get a few facts laid out I think! Statutory Sick Pay will pay out at a level of £92.05 a week for employees ONLY after they have been off work for more than four days. It will then pay out for a total