Call us free on 0800 862 0373

Sign in to view your quotes
Email address:
Password or PIN:

Forgotten your password? Reset it here.

The average Brit spends a year off sick

Published on 24/10/2013

The average employee in the UK workforce will take 360 days off sick during their career, according to a new report from protection provider LV=.


Illness could result in a loss of income

The report also found that nearly half of all workers (44%) who had been off sick for a prolonged time had to return to work earlier than they would have liked due to financial concerns.

The National Sickness Report from insurer LV= has revealed statistics on the health of the UK workforce, the attitude to sickness and how people protect themselves financially against long-term sickness.

The report found that stress and depression were the two most common long-term illnesses affecting full-time workers in the UK today. Workers who had to take off work due to stress and depression took two and a half months off to recover whilst 650,000 people have had to take more than a year off work due to stress.

Two and a half months off work could cost the average worker up to £4,671 in lost income earnings whilst they spend time recovering. A third of all full-time workers would only receive Statutory Sick Pay (SSP) if they fell ill; SSP is currently set at £86.70.

Head of protection at LV= Mark Jones said: “Often when we talk about workplace absence we look at the cost to businesses, however we wanted to highlight the impact that being off sick can have on an individual’s finances and lifestyle.

“The fact that one in three would only receive Statutory Sick Pay indicates that many would be out of pocket and struggling financially, especially if they were off work for a long period of time, which it is clear from our findings that many people are.”

Income protection insurance can pay you a tax-free monthly benefit to cover up to 70% of you salary if you cannot work through accident, sickness or unemployment.

© ActiveQuote Ltd. 2013


Categories:  Income Protection
The average Brit spends a year off sickThe average employee in the UK workforce will take 360 days off sick during their career, according to a new report from protection provider    tweet it on twittershare with your friends on Facebookshare with your friends on MySpaceBlog it on your LinkedIn profile
 

No.1 health insurance broker as rated by customers

Proactive, efficient, and offered me insurance I need. I would say half price I would end up paying if I did it by myself. Many thanks.

Review centre member

Excellent service. Explained everything in detail and really helped to find the right insurance best suited to my needs - which wasn't necessarily the most expensive. 

Review centre member

Good value and the advisor was very helpful and recommended the best policy for my grandson. I would definitely use this service again and recommend to others.

Review centre member

We were contacted in good time to make a knowledgable choice. We were given plenty of options with lots of information to enable us to make the right choice.

Review centre member

The service I received was excellent, the staff member was very efficient and knowledgable. She went out of her way to get the best policy for me.

Review centre member

Great service. I really appreciated the help provided by Active Quote to arrange health insurance. The agent was very informative and proactive. Many thanks!

Review centre member

I received excellent care and attention from the first phone call till the last. Friendly, efficient and patient.

Review centre member

Staff are very helpful, friendly and polite. They call back when they say they will and keep you up to date with progress. Pleasure to deal with.

Review centre member

Very polite and friendly, and gave detailed explanations of all aspects of the cover. Reassuring to know that if you do have a problem there is someone you can contact.

Review centre member

Friendly and efficient. Nothing was too much trouble even when i needed to make a small change, excellent service.

Review centre member
 
This site is operated by Insurance Broker ActiveQuote Ltd registered in England & Wales company number 6765845.
Authorised and Regulated by the Financial Conduct Authority (FCA). Firm reference number 501109 as detailed on the Financial Services Register. Please read our Key Facts document.
For information about your rights as a consumer visit Citizens Advice.

Our insurance comparison service is free and easy for you to use, but you are responsible for making sure all your information is entered correctly, and for choosing your insurer.

This site uses cookies in order to work correctly - these are not harmful and do not contain personal information. By using this site you consent to this. I understand  Tell me more

please wait ...