ABI launches 'income gap' online calculator

‘Percy: The Protection Calculator’

clock • 2 min read

The Association of British Insurers (ABI) has unveiled an online calculator that estimates the financial entitlements of people should they miss work due to illness or injury.

The beta version of ‘Percy: The Protection Calculator', which is still under development, can be found on the ABI website. Aimed at consumers, to raise awareness, it is designed to give an accurate estimation of monthly income by combining personal information entered by the user with government benefit data. The data stored will not be stored or used for any other purpose and users will not be asked to share their name, first line of address or email contact details. Income shocks "Our vision for the creation of Percy is to provide a calculator that gives people the information th...

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