Supporting your financial commitments when unwelcome circumstances arise.

Accident, Sickness and Unemployment insurance, also known as ASU, is an insurance policy that allows you the time you need to recover from an injury or illness or find a new job should you be made redundant, without suffering financially. If you lose your regular income due to accident, sickness or unemployment, your policy will pay a monthly tax-free payment to cover your loss of earnings until up to 12 months, or you return to work.

What about employment sick pay?

Many employers do not pay sick pay for accident and sickness; however, everyone is entitled to government-paid Statutory Sick Pay (SSP). Unfortunately, this totals to around £86.00 per week, which doesn’t go very far. With unemployment, if you are made redundant then you will be entitled to Job Seekers Allowance (JSA), however, this is a weekly payment of £68.00. Could you survive on that?

Government Assistance?

Relying on government benefits will mean that you will need to fall back on your own savings, credit cards, or family and friends, which will quickly become problematic. By having a comprehensive Accident, Sickness and Unemployment insurance policy in place, you are covering yourself against some of the most stressful situations life can deal you and taking control of your future and finances.