Free Online Article Directory. For Article Authors & Publishers
Possible Substitutes For Payment Protection Insurance
Especially in the present climate job loss is a worry and accident or illness can happen at any time. It is wise to have income protection. This needs to stretch to all your outgoings, not just one direct debit of the many. Payment Protection Insurance needs to be looked at carefully as it is not always the best cover. On the internet there are some very competitive protection schemes and it really is worth exploring further. We offer some other options to consider too, as follows:
Know where you stand with your employer - Understand fully what cover you have if you are employed and find out what they would pay you if you were ill or had an accident and for how long. The last thing you want to do is to pay for extra cover that you already have. Usually an employer will only pay out for a certain time period so you must establish this and work out what you would do if you were still unable to return to work and the end of this time. If you are unemployed or self-employed then you do not have an employer to turn to so it is imperative that you some form of cover to protect you.
You may be entitled to state benefits - Any state benefits are paid based on your National Insurance Contributions for disability, accident and illness, so you would need to find out if you were eligible. As an employee, Statutory Sick Pay (paid by your employer) usually pays out for up to 28 weeks and at present is just over 75 pounds per week. SSP is sometimes topped up by some employers but at their discretion and can be more or less than 28 weeks. This will all be detailed in your contract of employment. Once the 28 week period has elapsed some employees may be able to claim Incapacity Benefit short-term; it is paid from the 29th week up to the 52nd week of sickness and is also just over 75 pounds.
Statutory Sick Pay cannot be claimed by anyone who is self-employed, but in some cases they can claim Incapacity Benefit instead. You can visit the Department of Work and Pensions website for full details of state benefits.
Changes to benefits - In October 2008 some changes were made to some benefits. Incapacity Benefit has been abolished and has been replaced by a new one called Employment and Support Allowance (ESA). Statutory Sick Pay is still paid for 28 weeks to employees but after that there is an assessment period of 13 weeks when it will be determined whether you are eligible for ESA and for what type. During this period you get an amount per week which is around the same as Jobseekers' Allowance - around 60 pounds per week for over 25 year olds. The self-employed, however, now go straight through to the assessment period of 13 weeks.
After the assessment there are 2 types of ESA that you may be awarded: if you are unable to undertake any kind of work you will be entitled to claim ESA of 89.50 - 102.10 pounds per week. If you are able to do some form of work you can claim ESA of 89.50 pounds until you can work and you also have to attend interviews that are work-focused to help you back into work.
Author Resource:-
PPI is good to have, but Life Insurance is vital! If you are looking for a Cheap Life Insurance quote, there is nowhere better to look for it other than the Cheap Quotes For Life Insurance website. Here we not only specialise in providing Cheap Life Insurance quotes, but also a large range of information on for Life Insurance . So to get a fantastic quote, click on Cheap Quotes For Life Insurance!
A look at Long Term Care Insurance - Hitting that century mark or even living well into our nineties is hard to fathom - so much so, that a lot of us are guilty of just ignoring the "what ifs" of making it that far in life. However, for women, facts show that we ARE living longer and longer. This is great news but living longer may create some pretty severe financial challenges.
You purchased dental insurance through your employer and now you are wondering if it will pay for the work you want done on your smile. You need to have your teeth straightened, whitened and you would like to do something about gaps in your front bottom teeth.
Getting an instant car insurance quote is a trendy method these days that you could use to obtain a fair comparison between different auto insurance companies along with their offered services.
The instant car insurance quote service is the need of the hour these days all over the globe. Today everybody wants to save his time and money at all costs due to the overall busy life and recession touching at our doorstep.
There are many types of life insurances to choose. Make sure you understand what type of life insurance is best for you and your family before you spend your hard earned money on a life insurance policy.
It had never been so easy to secure a reliable and favorable instant auto insurance quote from the market in the past decades. The reason was the lack of technological advancement and the non-availability of internet podium as well.
If you are looking around to get the instant auto insurance quote then you have multifarious ways to clutch it from the market. The breaking news for all those folks who are afraid to solve this seemingly complicated puzzle is that obtaining these quotes is not a sophisticated process at all.
The importance of instant car insurance quote comes into play when a cop put charges against you for not covering yourself and your car with insurance coverage.
This task seems to be very hard in New York i.e. to find the auto insurance New York that is suitable to a common man's pocket. In fact the world of auto insurance is very vast and every car purchase is connected with high rising insurance rates.
![[Valid RSS feed]](http://www.articlelisted.com/images/icon_Rss.png "XML Feed For RSS"){kind=icon}
Michael challiner's Author Feed
Print This Article
Add To Favorites 