statutory sick pay

Company sick pay is not available to 34% of working Britons, amounting to 11m people, research by LV= has revealed.

There has been a second fall in the numbers of long term sick people between November 2014 and January 2015, the latest figures from the Office for National Statistics (ONS) have revealed.

The number of people who were off work with long-term sickness fell by 12,000 in the October-December period 2014 compared with a year earlier.

The average worker's income drops by £430 a week if they are only provided with statutory sick pay by their employer, research from LV= has found.

Over three-quarters (77%) of staff in the UK could not afford to meet their living costs if their income stopped tomorrow, research has warned.

With over 300,000 employees moving from work to state sickness benefits, and many employers looking to reduce sick pay within the next year, income protection 'must not be ignored', PG Mutual has said.

Providers have welcomed the government's statutory sick pay increase, but warned against "woefully" high rates of unprotected families as welfare cuts continued.

My client is 35, single and earns a significant wage. He has no protection at all. He rents an expensive property in south west London and has no living relatives. I am trying to advise him on why he needs protection. What types could be best for him...

So, you haven't sold income protection to your clients. What's the worst that can happen? According to John Bridge, an awful lot...

Employees do not understand the level of financial support they would be entitled to if they were unable to work due to sickness, new research has revealed.