Because that's what you could
be faced with if you had to give up work and rely on the state.
Fortunately,
there is something you can do.
There are
many types of policies to suit all budgets to protect your income should you be unable to work due to an Accident, Prolonged
Ill Health, or Involuntary Unemployment.
If
you are currently thinking that you can't afford the monthly premiums - think again!
Based on a Male aged 25 in a clerical job with a waiting period of just 30 days with the benefit back dated
to day 1, premiums are as follows;
Unemployment
Only Cover - Premiums start from just £2.50 per £100 of cover per month.
Disability Only Cover - Premiums start from just £2.50 per £100 of cover
per month.
Joint Disability and Unemployment Cover - Premiums
start from just £4.25 per £100 of cover per month.
Therefore,
cover of £600 per month Unemployment Cover Only would cost just £15.00 per month.
Still
think you can't afford it?