Rise in Stress Absences See Professionals Look to Income Protection

Oct 08, 2012, 05:00 ET from Quotey Quotey Ltd

HALESOWEN, England, October 8, 2012 /PRNewswire/ --

Recent figures have suggested that stress has become a more prominent part of people's working lives, accounting for a high proportion of sick days and periods of long term sickness.

According to a report conducted by the Health and Social Care Information Centre, the number of people who were actually hospitalised between May 2011 and May 2012 due to stress reached just shy of a staggering 6,400.

It is highly likely that the increase in sick days related to stress have an economic background with workers in the UK still suffering from the effects of the financial downturn which first hit in 2007-2008. Incredibly, cases of stress have risen 47 per cent since the dawn of the recession - and the numbers collected by the HCIS only take into account hospitalisation.

There is every chance that the stress problem is even greater than these figures show, given the number of people who seek advice from other medical professionals and advice networks when it comes to dealing with stress in the workplace.

The problem for many people who suffer from stress to the extent that they require a period of long term sickness also relates to pay. Statutory sick pay is rarely enough to cover the outgoings that most working people have to meet in order to stay afloat and this often adds to stress rather than helping alleviate it.

The team at http://www.incomeprotectinsurance.co.uk are keen to point out that there is an alternative to statutory sick pay in the form of income protection insurance. The website provides income insurance quotes to a vast number of people who want to protect their interests should modern pressures become too great.

A high proportion of the working population is at risk of stress, making income protection insurance a more viable option than the ordinary route of sick pay. Naturally, various insurers are able to offer their services in this capacity and http://www.incomeprotectinsurance.co.uk delivers a list of options available for different professionals when they seek a quote.

The quotes are generated by the comparison engine managed by Income Protect Insurance, a firm that also enables internet users to go and compare the market for other forms of insurance.

Until the UK economy picks up and shows sign of growth, it is unlikely that the former sense of security will return to the wider professional environment and so it is expected that stress figures will continue to make unpleasant reading for employees and employers alike.

Wayne Lee, Tel No: +44(0)7968-189688, wayne.lee@quoteyquotey.com

SOURCE Quotey Quotey Ltd