Accident Sickness & Unemployment cover


Accident, Sickness & Unemployment insurance (ASU) will provide you with an income to meet your outgoings if you are off work sick, have an accident or are made redundant.

It pays out a monthly benefit to cover your mortgage and other related costs.

You may choose the amount of benefit you would like to receive, although there are some limits on the maximum amount.

The premium will be a percentage of the amount of monthly benefit you would like to receive. Benefits are usually payable for a maximum of 12 months.

There are other providers of payment protection insurance, also known as short term income protection, and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneymadeclear.org.uk

“A typical monthly cost for this Insurance is £2.04 a month for every £100 of monthly benefit”

 

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