Teachers Income Protection

Teachers endure greater job-related stress than other professionals, according to the National Foundation for Educational Research (NFER) [1].

Research revealed that 3,750 teachers were signed off on long-term sick leave in 2017 because of pressure of work, anxiety and mental illness. [2]

Sick pay for teachers – not that straightforward

Teachers working in the public sector don’t always have straightforward sick pay arrangements. Some teachers in the UK receive significant sick pay, which can be as much as 6 months of full sick pay and a further 6 months of half sick pay. However, sick pay for teachers can differ greatly. Some teachers’ sick pay will work on a tiered system following years in service.

What’s the solution?

Teachers Income Protection is an insurance that can help you when you unable to earn from your normal income. If you are unable to work due to injury or illness, you could receive a monthly income until you return to work or the policy reaches the end of its term. From as little as 59 pence a day, you could receive £1,750 a month*.

*Based on a female teacher, non-smoker, aged 34, on an income of £35,000, total monthly price £17.75

Speak with our expert income protection advisers today, call 01224 316200 or fill in our online enquiry form.

Terms and conditions apply. This information is a summary only. You will receive a full policy document upon application. This policy will set out the terms, conditions and limitations of this product.

Sources:
[1] Guardian, February 2019
[2] Liberal Democrats Freedom of Information Request, 2018

Lifetime Finance Group Limited trading as Aberdeen Mortgage Company is an appointed representative of PRIMIS Mortgage Network trading as First Complete Limited which is authorised and regulated by the Financial Conduct Authority.