Finding The Right Support for Your Family After an Injury to Stay Financially Secure.
Injuries can be devastating for any family, not only emotionally but also financially. The additional expenses due to a loss of income can quickly take a toll on the family’s financial security. Fortunately, there are ways to get the right support to help keep your family financially secure during this difficult time. Knowing what options are available and understanding how to access them can make a world of difference in getting your family back on track. Whether you’re coping with a serious injury yourself or someone in your family has had an accident, with the right help, you can ensure that your family has the resources and assistance they need to move forward.
Statutory Sick Pay and Benefits
If you or a family member is unable to work due to an injury, the first step is to claim statutory sick pay and investigate other benefits that may be available to you. Statutory sick pay (SSP) is a payment from your employer to cover you for up to 28 weeks if you are unable to work due to ill health or injury. In addition to SSP, there are other benefits that may be available depending on your individual circumstances, including Universal Credit and Personal Independence Payment. The amount you are entitled to will vary depending on your individual circumstances, so it’s important to check with your local authority to find out what you may be entitled to.
Does Your Employer Provide Additional Financial Support Schemes?
It’s also important to check if you may be eligible for any additional financial support from your employer. Many employers offer additional benefits to employees who are unable to work due to an injury or illness. These can include insurance policies, additional sick pay, access to private medical care, or financial assistance schemes. It’s worth checking with your employer to see what options may be available to you.
Seek Out Personal Injury Compensation
Personal injury compensation can be a valuable source of financial security for a family affected by an injury. If you or a family member has been injured due to the negligence of another party, you may be able to make a claim for compensation. Depending on the circumstances, this could provide a much-needed financial boost to help you and your family during this difficult time. Making a personal injury claim can be a complicated process, so it’s important to seek out the advice of a qualified legal professional. A solicitor can help you to understand the process and ensure that your claim is successful, as well as help you understand how much personal injury compensation you could win.
Income protection policies can be a great way to ensure that your family has the financial support they need in the event of an injury or illness. However, not everyone has these types of policies. If you are lucky enough to have one in place, this type of insurance can ensure you or your family member is paid a set amount of your income each month to help you stay financially secure. Additionally, if you don’t have income protection insurance, it’s worth considering it for the future.