Your company sick pay arrangements - Aviva

Your company sick payarrangementsTo:HR ManagerFrom:Re: Company policy – long-term sick payDear Sir/Madam,My financial adviser has recently brought to my attention the value of ‘Income Protection’insurance. In order for me to properly analyse the value of this product, I need to knowwhat our company’s policy is in relation to long-term sick pay.Can you please let me know the following?• How long will our company pay my salary if I’mout of work due to sickness or injury?weeks• What percentage of my salary will be paid? i.e. 100% %• What death-in-service benefits (life cover) are available to me?• What disability (Income Protection/PHI) benefits are available to me?

Did you know….?• You have a 1 in 6 chance of being off work for 6 months or longer…• 47% of our sickness claims last for longer than 5 years…• The State disability allowance is just €9,776 per annum for an individual...• If you are self-employed – you have no entitlement to State benefit…• Only 15% of private sector workers are entitled to sick pay for more than 6months…However, less than 10% of the Irish workforce has any form of privateincome protection…Source: All above, Aviva - August, 2010.We’re there for you when your income isn’tAviva Life & Pensions Ireland Limited. A private company limited by shares.Registered in Ireland No. 252737 Registered Office One Park Place, Hatch Street, Dublin 2.Member of the Irish Insurance Federation. Aviva Life & Pensions Ireland Limited is regulated by the Central Bank of Ireland.Life & Pensions One Park Place, Hatch Street, Dublin 2. Phone (01) 898 7000 Fax (01) 898 7329www.aviva.ieTelephone calls may be recorded for quality assurance purposes.2.152.10.12