Why Do I Need Income Protection?
Ask yourself...
What would happen to you and your family if you fell ill or had to take time off work? What if, through no fault of your own, you were made redundant or you became unemployed as a result of your business failing?
Not a nice thought but it does happen*:
- Over 2.6 million people are claiming Incapacity Benefit
- You are 26 times more likely to be incapacitated and off work for more than 6 months, than to die before the age of 65
- More than 1 in 3 people will develop some form of cancer in their lifetime
- An estimated 150,000 people have a stroke every year - that's 1 every 5 minutes
- There are about 268,000 heart attacks each year.
Who would pay the mortgage, and the household bills? You can forget holidays, the children's treats and any new things around the house. Money may become very scarce and life could become very tough indeed.
The Sovereign Income Assistance Plan
Our Sovereign plan provides you with peace of mind that if you are unable to work, you will still receive a regular income which can help provide for your family's needs.
Comprehensive Income Protection
But what makes Sovereign particularly special is the additional cash benefits on offer. As well as the crucial Monthly Income Benefit, you will also receive Hospitalisation Benefit, Serious Injury Benefit and Accidental Death Benefit. All of which are designed to provide you with money when it's needed most.
You can also include our unique 25% NO CLAIMS Cash Back option, where you will be rewarded with a significant refund of premiums, if you go claim free for 12 years.
Download the Sovereign Income Assistance Plan Brochure
Download the Key Facts & Policy Document
Visit our Literature Library to view all documents>>
*Source: Department of Work and Pensions, IAD Information Centre (DWP) 2005, ONS Annual Abstract of Statistics 2005, Cancer Research, The Stroke Association, Heart Foundation.