[JSMC]

recently my brother took ill and looks like he's gonna be off work for quite some time. anyways with me being self emplye di think i bes tlook at getting some cover.

who you all with and rough costs etc

[JSMC]

anyone?

[cleewindows]

its very expensive

anyone?

[darren clarke]

get enough vans on the road, so if you are ill it doesnt matter

[martinsadie]

put the money in the bank instead and when you are ill use it then

[Steve_c]

An less you are off work longer than 60 days most wont start paying out.

[JSMC]

my brother is looking at least 8 months  off his work just now. TBH i think a plan would be a good idea.

[A & J Owen Window Cleaning]

Unfortunately, if he's already sick with something then insurers wouldn't cover him anyway.

[daniel worgan]

If he is already ill no insurance company will cover him for that particular illness or anything that has or could relate to his medical condition.
It is a bit like trying to insure your car for a previous accident before the policy inception date.
 

[JSMC]

i'm talking about myself now. i would like to cover all bases

[weetot]

Seriously mate, I would put an amount away per week until you need it, you just need to be strict with yourself, and don't touch it unless its for sickness.

I was paying for sickness / income protection plan benefit plan at £65.00 per month, for a number of years, but when I enquired about certain paragraphs in the small print, they really do have you over a very large barrel.

I eventually just cancelled the standing order.

 Having done this job for 27 years i have also heard of folk claiming on these policies, then people from the insurance company parking half way up their street and taking photos of them doing a spot of gardening. Submitting proof and cancelling their allowance.

Whether its scaremainering or not, who knows?

Stick it under the mattress for when you need it!
 :

[Mike #1]

as above really was paying £35.00 a month to get £150 a week benefit no were near enough save up mate its cheaper in the long run

[Londoner]

I agree absolutely with whats been said. The money you get out is not worth the money you pay in. And if you don't make a claim the money is theirs to keep.

Open an Isave account or similar fiixed term savings scheme where you have to pay in the money every month and that way you can't skip payments and dip into it because you have had a wet week.

Then when you get a bit of money in there buy a bond with it or put it into something like an investment fund where it will grow.
That way if you are sick you can get at your money but if you are not you will have a lump sum for your retirement -  another big reason to save some money.
( But on no account take out a private pension for the same reason as a sickness sceme. Low returns and you can't get your hands on the money. Save the money yourself)

Talk to an independant financial adviser if you want advise. DO NOT talk to the advisor in the local bank or building society. They will sign you up for some rubbish scheme that their own bank is selling.

The money pages in the Telegraph on a Saturday is very good for finding out whats the best schemes offering the best returns.

You have to be disciplined though, otherwise it just never happens. Do it now.

[darren clarke]

slight off topic,  my aunts mum had life insurance and was in hospital so they cancelled as she was in hospital and couldnt pay for 2 weeks

regarding sickness plans,  as long as you pay your ni then you can claim ESA,  the problem you have got is unless the insurance policy will pay put as much as you earn then aint worth it, as a lot of things on finance will only take a reduced payment as long as you are getting ESA or job seekers,  not sick payments insurance as they say you should of insured your self to the amount your earn

[ray l]

i had a policy with combined insurance of america

first policy they offer is for broken bones.
( i took out the policy and broke my leg the next day, they paid up no problem)

2nd after 6 months they will then try to sell you a sickness policy as you,ve described

If you put the money away yourself with a bit of disapline. Its always yours.

Ray