State benefits

Your two most valuable assets are probably your health and your ability to work and earn a living. If you were to suffer accidental injury or illness, your income may decrease or stop depending on your individual sick pay arrangements.

However, you will still need to meet certain financial obligations including the means to pay for food, transportation, clothing, mortgage or rent and other living expenses as well as the things you may do for fun. When you are sick, who will pay the bills?

Did you know that...

• Around 1.5 million people are hurt in accidents at work each year. 1
• Approximately 3 million people are injured at home each year. 2
• In one year, there were just over 235,000 personal injury accidents on British roads resulting in 320,000 casualties and almost 4,000 deaths. 3
• Statistics show that between the ages of 30 and 65, 1 in 4 men and 1 in 6 women suffer a critical illness. 4
• Cancer will affect 4 out of 10 people at some point in their life and is the cause of a quarter of all deaths. 5
• The UK population is 2.5 times more likely to suffer a serious illness than die before the age of 60. 6
• There are now more then 1 million people in the UK who have been unable to work for at least six months due to illness. 7

If you were to suffer an accidental injury or illness that meant that you had to rely on State Benefits alone, you could expect to receive statutory sick pay of £75.40 per week, the equivalent of just £3920.80 per year.8

Combined Insurance provides a range of insurance plans that can pay either a lump sum or monthly benefit to assist you with the expenses associated with accidental injury or illness.

For more information visit www.combinedinsurance.co.uk/Our_Products.html

Sources: 1 & 3 Royal Society for the Prevention of Accidents 1999, 2 Royal Society for the Prevention of Accidents 1998, 4 GE Frankona RE Estimate, 5 Cancer Research Campaign June 2002, 6 The Facts of Life 1998, 7 Guardian Unlimited 2002, 8 Department for Work & Pensions April 2008