Accident, Sickness & Unemployment Cover

Accident, Sickness & Unemployment Cover is designed to cover you for many different reasons should anything go wrong and prevent you from working.

This insurance policy normally covers:

  • If you have an illness that means you are then too sick to work.
  • In case an injury occurs and you are then unable to work.
  • If you lose your job and it is no fault of your own.

The payout is usually a proportion of your income for up to a year or until you return to work, in order to cover monthly expenditure.

However, with ASU it will only cover one debt. It is usually a mortgage so you will have no extra money for other items. As well as this payment is normally deferred. A normal time for a payout is usually 30 days after you make the claim due to the deferred payments. The claim will then be dated back and paid out in full.

Anyone is eligible for cover as long as you are over 18 and under 60. Also, your normal residency needs to be within the UK. You must also be in employment and work a minimum of 16 hours a week and ave been in this employment for at least 6 months.