When you get up each day feeling secure in your job, it
can be difficult to convince yourself of the need to shell
out extra money on any type of insurance, and paying money
to protect yourself against being made redundant is no different.
However, here are some facts that add weight to the argument
that this type of protection is an important and useful
guard against unfortunate eventualities:
On average, 90 families a have their homes repossessed
each day in the UK. The majority due to the financial problems
associated 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.
Today in Britain there are almost 1,000,000 persons who
are registered as 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 six 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.
