ASU Accident Sickness and Unemployment Insurance
About Accident, Sickness and Unemployment Insurance
Accident, Sickness and Unemployment Insurance is an income
protection policy that is designed to give you peace of
mind that should you be unable to continue providing for
yourself or others due to redundancy or disability, you
won't be left in complete financial disarray.
Unlike mortgage payment protection policies, this type
of income protection is not designed to specifically pay
off your mortgage or other loans, nor will it pay for private
medical treatment or special needs that arise through disability.
What it will do is provide you with a regular income if
you become unable to work as a result of accident, sickness
or disability.
Unlike payment protection policies, the amount of benefit
that is paid out it is not linked to your mortgage or other
loan payments, but your overall level of income.