A provider-backed campaign to increase awareness of protection provision has helped its fifth family in six months.
Seven Families, administered by Disability Rights UK and the Income Protection Task Force, is a charity-led campaign to raise public awareness of the financial impact of long-term ill health or disability.
Supporting companies including Aegon UK, Ageas Protect, Aviva, British Friendly, Canada Life, Cardif Pinnacle, Ellipse, Exeter Friendly, Fineos, Friends Life, Hannover Re UK Life, LV=, Royal London, Pacific Life Re, PruProtect, RGA, SCOR, Scottish Widows, Unum and Zurich.
Graeme Snell, who considered himself a fit and healthy Hartlepool United fan, was working full time as an advanced health and well-being practitioner when he had a double stroke in July 2014.
As part of Seven Families Mr Snell will receive financial support and advice to help improve his home life, aid rehabilitation and return to work.
Peter Le Beau MBE, spokesperson for the Seven Families campaign said: “The campaign provides a tax-free income for one year and Mr Snell will receive £1,500 a month. Each family will have access to financial advice from a range of volunteering financial advisers to help with basic finances and budgeting and they will also have the opportunity to benefit from independent living, rehabilitation and counselling services.”
Emma Thomson, life office relationship director for London-based LifeSearch, said: “The campaign had generated a lot of positivity and it has got people talking about income protection. As an industry we need to talk about IP and Seven Families has been a welcome catalyst.”