Income Protection Statistics for a One Call Insurance infographic collated for 2014

1. PROTECTION
INCOME
STATISTICS | 2014
Half the population has less than £4,308, equivalent to two months savings | 1
One of the biggest causes of long-term absence | 4
£££ SAVINGS £££
£4,308
£1,010
HEALTH & UNEMPLOYMENT
140,000
17 WEEKS
BENEFITS
50%
300,000
960,000+
1,300
45%
STRESS &
MENTAL HEALTH
Of people who appy for
ESA are found fit for work | 4
The average time to be assessed for ESA (Employment & Support Allowance) | 4
Each year over 300,000 people fall out of work onto health-related state schemes | 4
Just under a third of people (32%)
cannot save due to a lack of
spare money | 3
65%
LONG-TERM PROTECTION
Income protection can pay up to
Pays until you return to work or reach retirement age
SHORT-TERM PROTECTIONMore affordable than Long-Term Protection but only lasts for 12 months
MORTGAGE
BILLS
COST OF LIVING
LOANS}Just some of the things Income
Protection can help you pay for
of your gross monthly income
CLAIMS
31%
91.1%
£138,443,000
Mental Health problems account for 31% of income protection insurance claims | 8
Muscolskeletal and neurological conditions each account for 19% of all claims, while rheumatological
conditions (9%) and cancer (6%) also led to significant number of claims | 8
Across the entire market 91.1% of all income protection claims were paid | 8
Amount paid in benefits for all income protection claims in 2013 | 9
onecalldirect.co.uk
activequote.com
BROUGHT TO YOU BY
AND
Over a third (35%) of UK adults have less than £2,154, or one month’s income, in savings| 1
Average UK savings | 2
£85,000
Latest figures indicate that almost 1 million workers
have long-term absences from work each year | 5
It is estimated that one in six workers in England and Wales is affected by anxiety,
depression and unmanageable stress | 6
Average amount
of people made
redundant in the
UK every day | 7
of people who know someone who
has suffered a serious injury or illness | 2
people a year fall out of work and claim state
health-related benefits without a period of sick leave | 4
ACCIDENT
SICKNESS
INVOLUNTARY
UNEMPLOYMENT
Income Protection
covers loss of
income through
The average cost of raising a child to the age of 11 tops £85,000 | 3