Thu 17 Jun. 2021

Are you ready for Insurance Charities Awareness Week? 21-25 June Awareness Week

What does ‘The Insurance Charities’ do?

  • They can offer both ongoing and one-off financial help (including charitable loans) and practical support for as long as is needed. They are here to provide support to the sector in times of need.
    • They are the only charity in the UK and Ireland solely supporting past and present insurance employees working throughout the sector and in any role.
    • They deliver support via partnerships with other organisations providing practical expertise in the areas that impact those we help. Current partnerships exist with Shelter, Alzheimer’s Society and Aware to help with housing issues, those affected by dementia , and depression and anxiety
    • In 2020/21 they were awarded £1.7 million. Examples of items they made awards from care costs, counselling through to school uniforms and wheelchairs.
    • Within East Anglia, a grant was provided to assist an insurance employees dependent to receive potentially life saving medical treatment in the USA
    • Locally, due to coronavirus, assistance has been given recently to people who have had to use Universal Credit for the first time and had to wait 12 weeks for payment- The Insurance Charities assisted until the Universal credit arrived.

Who can apply for support- it is available to more people than you may think?

Those eligible for support are as follows:

  • if you are a current or former insurance employee with ideally five years’ recent service.
  • if you are at the start of their career but have predominately worked in insurance so far.
  • if you are in receipt of a pension or deferred pension following five years’ employment in the sector.
  • if you are a dependant of a current or former insurance employee, as above. Applicants do not need to belong to a professional body or trade association to access support.
  • You can have worked in any role in the insurance industry such as IT or marketing, and not just areas such as broking or loss adjusting.
  • Applications can be made at any stage of a person’s career, providing they meet the eligibility criteria.
  • Dependants of eligible people working in the industry such as children or spouses are also supported.

What can you do?

•. Insurance Charities would like anyone experiencing financial hardship, or anyone who is unsure if they qualify for help to get in touch

  • They’d like those in the insurance industry to share details of the campaign, especially with HR and CSR professionals and those with line management responsibility.
  • People to visit and follow them on our social media channels.
  • They are looking for people to put themselves forward for one of the volunteering opportunities on offer through their charity partnerships.
  • You are encouraged to sign up for their quarterly newsletter.

By helping to raise awareness we can all ensure that no-one in need of help misses out.