Accident Sickness and Unemployment insurance is designed to cover you against losing your income through accident, sickness and redundancy. 

In the current climate of job uncertainty, knowing that you'll be able to keep up to date with your bills in the event of redundancy is one less thing to worry about, and having that peace of mind knowing that your family’s welfare and lifestyle can be maintained if you become unemployed due to job cuts, or simply through ill-health can be a weight of one's mind. 

So what does ASU insurance provide me? 

ASU insurance is a time-limited insurance product that provides short term assistance in paying your debts, in the event that you are temporarily unable to work. 

ASU cover usually starts a month after you stop work, and pays out for a limited period of 12 or 24 months, depending on the policy.

When considering ASU insurance, reading the small print is essential, as there are important differences between the various policies available. It is particularly important to check which health conditions are covered by each policy, and if you have had a particular health issue in the past, to make sure that is included, or, more importantly, that it is not excluded for you.

There are other providers of Payment Protection Insurance 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 Monthly Payment Protection Insurance is £5.02 for every £100 of monthly benefit. A monthly administration charge of £3.18 will be added to the monthly cost.