Fact Sheet

The majority of the UK's working population doesn't have enough savings set aside to tide them through a short period of absence from work due to disability or unemployment - almost a quarter of the UK population have savings under £1000 and 55% have no savings at all. (Source: NS&I 2006)
The number of people claiming unemployment benefits rose by 14,600 in February 2006 - the largest monthly increase since December 1992 (Source: Office for National Statistics)
Most periods of unemployment are comparatively short - almost two-thirds (63%) of unemployed people find work in less than six months. (Source: Labour Market Trends 2004)
Repossessions rose 70% from 2004 to total 10,250 in 2005. (Source: CML)
The £1,175 billion owed by British families is greater than the country's annual economic output (Source: The Bank of England, February 2006)
The Internet is the first port of call for people planning to take financial advice. (Source: IFA 2006)
The number of Individual Voluntary Agreements (IVA) more than doubled, and nearly 70,000 people became insolvent in 2005 - the highest since records began. (Source: DTI)
Insolvency amongst younger people most prevalent, with men and women in their 20s and 30s showing the biggest rise in two years. (Source: PWC 2006)
Insolvency is no longer the preserve of poor incomes. It's not uncommon for someone on an income of £40,000 a year to have unsecured debts of £150,000. (Source: Grant Thornton 2006)

A simple and user friendly website providing essential income protection. Robust, affordable and worthwhile insurance cover to protect any outgoing from school fees, to a car loan, to a mortgage
Customers can choose from: benefit periods of 3, 6 or 12 months; back to day one cover options; mix and match of Accident, Sickness and Unemployment cover. This means that for the first time, customers only pay for the cover they need and can afford - a unique feature and level of flexibility not available from any other online provider
Addresses the key concerns raised by the industry trade and consumer watchdog bodies concerning eligibility, suitability and affordability. Fully FSA compliant
Affordable cover. 51% cheaper than the current leading provider. Costs from 60p per £100 of cover - so for the price of a lipstick or a cinema ticket people can protect their income
Simple one page quote engine - can provide tailored coverage in just 20 seconds or 10 clicks of the mouse
Premiums are age-banded - the younger you are the cheaper the premium, and will not change according to age for the duration of the policy
Bankers Insurance Company Limited under the branding of Assurant Solutions provides claims, underwriting and administration services. Assurant Solutions is a leading underwriter of creditor insurance, providing insurance products to the UK since 1972
Part of FIUK.com Ltd, an established and successful provider of affordable and appropriate creditor insurance since 2000

Protecting you and yours from life's Ups & Downs