The Insurance Charities give vital financial and practical support to past and present employees of the insurance industry, and their dependent relatives, who are suffering financial hardship.
Many people desperately in need of support are unaware of the existence of the Insurance Charities. They welcome either direct enquiries or applications via a third party such as a company's welfare department or other charitable organisations. Support, however, is limited to those whose insurance service has taken place in either the UK or Republic of Ireland.
Can the Insurance Charities help you or someone you know?
Eligibility is based on insurance service, financial circumstances and the existence of an element of misfortune. Applications are considered in the following circumstances:
- Where the applicant and/or a dependent relative has spent at least five years in the insurance industry, regardless of the nature of their employment, but where that service has been the major part of their working life;
- Where an applicant's resources are limited, both in terms of capital and income, and he cannot therefore finance reasonable needs after taking into account statutory entitlement;
- Where there has been an element of misfortune prompting the application or contributing to the difficult financial position in which the applicant finds himself eg ill health, redundancy, marital breakdown or unemployment;
Types of help given depend on circumstances but could include the following:
- Ongoing long term payments to supplement insufficient income;
- One-off payments – for example, for property maintenance or purchase of appliances;
- Ongoing short term help with exceptional expenditure over a limited period – for example, private physiotherapy/speech therapy;
- Limited help during a first degree course for students of long serving insurance employees, particularly where there is family financial hardship;
Donations
The Insurance Institute of Norwich is a committed supporter of the Insurance Charities and regular donations are made by us from fundraising at our annual dinner and other events. In 2009 we raised a total of £442.90 from our Charity Walk/sponsored head & beard shave and another £1,038 from money raised at our October quiz and chips evening, the sale of charity keyrings and Annual Dinner raffles and heads & tails competition.
We are always interested to hear your suggestions for fund raising events.
Follow the link to find out more about The Insurance Charities.
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