Why is this protection important?
The Prospect of redundancy during uncertain times
According to Government statistics, 755,000 people were made redundant in the UK between June 2002 and May 2003 - the equivalent of over 3,000 every working day. A payment protection policy could have helped many through a financially difficult time.
Savings are often insufficient
According to the Institute of Fiscal Studies, nearly half of us do not save regularly and a third have no savings at all. This lack of saving could cause financial hardship in the event of sickness, accident or unemployment
Accidents do happen
Over 320,000 people were killed or injured on UK roads in 2000*
Nearly 3 million people suffered injuries at home in 2000 that warranted a visit to A&E*
Over 47,000 employees suffered major injuries at work in 2001, with 736 resulting in death**
These accidents could leave people unable to work for long periods of time
