Motability cars - should they be UK made?

Yup. I get a lump sum for certain very serious illnesses, and 75% of my salary until pension age if I become too ill to work. It’s about £75 a month. Get it through work.

https://shopping.mattel.com/en-gb/collections/matchbox ???

What cars are still totally British made? 🤷‍♀️🙄

Seems to be a few folks here who (not to my surprise, if I'm honest) struggle with how insurance works.

When I worked in insurance doing strategy and future scanning, the death of the insurance industry did crop up ... it's an inevitable consequence of modern technology (now you know what all that "AI" will be used for) enabling insurers to increasingly segregate risk factors and either decline policies that are too risky, or to add exclusion clauses to ensure their losses are capped.

When this happens, private insurance will pretty much disappear and we either go back to "Bad luck old chap" or look to the state for cover.

An idea of what that may look like is the houses that cannot get insurance due to being on a flood plain.

Because not everyone can afford it.

Sometimes you also suddenly can't work because it is your child who becomes ill.

No.

Pleased to have sorted that out.

You can get insurance on the off chance you get disabled and critically injured for life?

🤣 luckily you don't know anything about my personal circumstances.

I think you would be shocked to find out that I indeed have a condition that limits the type of job I can do and therfore the amount of money I can earn.

What I am trying to do is show you the pitfalls of the entitlement for benefits. Which rightly is currently well embedded into our laws.
But able bodied Joe Blocks only sees the shiny new car in the drive of their disabled neighbour... they read in the press that the benefits bill in gazillions and needs to be capped... they add 1+1 and hey presto it's 3 gazillions!
... and then Joe Blocks goes to the polls in the next GE. That's where the real danger lies.

DB lives in the US, and one of his girlfriends hit here $1,000,000 cap for insulin in her late 30s. So then it was Medicaid for her.

This was 15 years ago (they have long since split). I have no idea how she'd be coping now they have scrapped Medicaid.

Generally any health insurance (all your BUPAs and that jazz) will run a mile from anything which even hints at a chronic condition. And even if you take out health insurance before you develop or acquire a chronic condition you will find that any costs that are a result are excluded.

As someone lucky enough to have a chronic progressive disease, I have had well over 30 years to know exactly how health insurance works. Which is you pay your premiums, and the shareholders and directors do alright thank you very much. Anything else is merely a chance outcome.

What equivalents for a type one diabetic with no spleen that don’t cost over £700 a month, don’t refuse to pay out for the first 24 months and aren’t limited to two years salary?

Because the tax justice network are a socialist organisation that produce figures to suit their narrative. HMRC have no axe to grind, and therefore their numbers are much more reliable. The benefit fraud figures are totally subjective. I totally think a load of the new claimants are down to learning on TikTok how to make some cash.

Insurance doesnt always pay out or is time limited if it does pay out.

I do have insurance but I also know there are lots of exceptions and scenarios it wont cover.

Agreed. And they’d be much more money to go around for them if those who were able to work paid into insurance schemes to protect themselves if they got ill. It happens in most other European counties. I’m not sure why you find this so odd. The state runs a scheme that insures you for redundancy or illness that pays you a very high proportion of your former salary. You can opt in and be fully protected, or opt out and get the bare minimum. Most people opt in and therefore get excellent funding if they are too ill to work. We don’t have a state run scheme here, but there are private equivalents available.

Why is the chart ridiculously disingenous?

I looked at taking some out in my early twenties, I was quoted over £750 per month, for a maximum award of two years salary after 24 months of premiums! Silly me not taking it out as a seven year old before I developed diabetes.

So you agree people who are born with disabitities can’t follow your suggestion, yet you also wish to make their lives more difficult, why is that?

With the understanding that (a) all insurance has a cap and (b) insurance is a bet against something which may happen, not something which will happen (because that becomes "assurance" not "insurance").

What world do you live in where everyone can afford to take out critical illness insurance? It costs a lot of money and they will exclude anything you or even your near relatives have.

No of course not, but working adults that don’t take out insurance that protects their salary in the instance that they become too ill to work are foolish.

So people should be taking out insurance while still in the womb?

I’m not the one posting ridiculously disingenuous charts.

Most working people pay to get themselves to work.

Where shall I send the prize ?

Unless they have illness insurance etc like any other sane human. Why wouldn’t you? Who’d want to take the risk of having to live off PIP and UC when they don’t have to? Would you buy a house and not insure it? No. Why on earth would you not insure your future salary?

Tax avoided includes people investing in ISAs and pensions though. Tax evade is about £40bn a year and is mainly small companies.