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Accident Sickness Cover

Accident, Sickness and Unemployment (ASU) insurance is commonly known as Mortgage Payment Protection. Accident Sickness Unemployment is a short term policy designed to specifically protect mortgage payments. It usually pays out at 100% up to 125% of the repayment amount, and the insurance policy usually covers up to 12, 18 or 24 months.

Accident, sickness and unemployment insurance can be taken out separately; i.e. Accident Sickness cover can be taken out to replace other regular repayments.

Many people take out ASU because:

• The mortgage is often the most important payment
• State welfare in not enough to cover payments
• The expectation is that any financial problem is only going to be short term in the hope that employment will resume
• ASU is easy to buy as underwriting is limited and any previous conditions are often excluded.

If you would like to know more, please submit your details and one of our insurance advisors will call you to discuss your requirements. We are ‘whole of market’ and work with a range of insurers from well-known house names such as Aviva, Abbey, Select and Protect, Paymentshield, Legal & General and Zurich, amongst others.

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If you’re interested in an insurance policy or just need insurance advice, simply fill in your details below. An insurance advisor will be in touch to discuss your requirements.