Private Unemployment Insurance to Plug the Gap in UK Benefit Provision
Added: (Wed Nov 24 2010)
Pressbox (Press Release) -
Specialist protection insurance provider i:protect has announced that it has made substantial enhancements in its popular Unemployment Insurance product. Following a tentative improvement in the UK economy, people working in a far wider range of occupations are now eligible to buy i:protect’s low cost on-line product.
This insurance will pay policyholders up to £1,500 per month if they are unable to work. This can be a life saver for the average family enabling them to make up for the shortfall between State Benefits and the bills they have to pay each month.
IT specialists and many people in Financial Services, who since the beginning of the recession have struggled to find a low cost provider willing to cover them, should now apply to i:protect. Full details can be found on www.iprotectinsurance.co.uk
Unemployment Insurance from i:protect:
• Pays the monthly benefits the customer selects directly into their bank account
• Will keep paying out until the policyholder goes back to work or up to 1 year maximum
• Covers people who lose their job or who are unable to work due to accident or sickness
• Offers a free back-to-work service from employment specialists who help customers find another job, this includes CV writing, on-to-one help on the telephone and sourcing jobs
• Average premiums are between £20 and £40 per month for £1,000 per month benefit
Dennis Haggerty, Marketing Manager i:protect commented, “ We have built our Unemployment Insurance product around the need for wage earners to bridge the financial gap between jobs. Because State Benefits are woefully inadequate during periods of unemployment, this insurance pays out more than enough for the average family to make up the shortfall to meet their bills and avoid being driven into a debt. Anyone who does not have substantial savings to fall back on should seriously consider buying this cover for the sake of their family as well as their own peace of mind.”