01744 885555

Accident / sickness insurance

Don’t let life trip you up

Why do we spend so much insuring our homes, cars and even holidays, and not ourselves?

It’s strange, but we probably all undervalue the importance of insuring ourselves, while underestimating the potential risks to our income. The truth is, that accidents happen. People fall ill. And if you work for an employer, there’s always a risk of redundancy.

Illness, injury and other mishaps could seriously disrupt your life, not least your earnings. But with accident, sickness and unemployment protection, you’ll receive a tax-free proportion of your lost salary every month. Better still, these policies usually cover you from 12 to 24 months, giving you valuable time to get back on your feet.

What kinds of insurance are there?

ASU insurance, as it’s known, lets you keep up with mortgage payments and top of any bills, debts or loans. There are three different options you can choose from:

  • Accident / Sickness Insurance: also known as ASU, insures you in the event you can’t work due to sickness, an accident or being made unemployed.
  • Unemployment Protection: replaces part of your salary and can pay out for a year or more. You’ll often find these as standalone policies, rather than as part of a life insurance deal.

A word to the wise

If you’re taking out an ASU policy knowing there’s a good chance you’ll be made redundant, you won’t qualify for cover. That’s because most policies have an exclusion period of 3-4 months from activation, before you can make a claim.

Enjoy peace of mind today

For answers to all your accident, sickness and unemployment questions, get in touch and let us guide you through the process. We’ll help you identify the type of policy you need, then search the whole of the market to find you the best deal.