ASU

ASU or ASU insurance is an abbreviation of Accident, Sickness and unemployment Insurance. ASU can be used for a number of purposes and their are a variety of policies available. Some policies are designed to protect a specific regular expense such as a loan, mortgage or rental payments. Other policies generally known as income protection are designed to provide a replacement income rather than cover a regular over head. As a general rule Mortgage protection policies are cheaper than income protection plans.

There are a number of issues other than price to consider when choosing a policy.

• Deferred or waiting period: How long do you need to wait before receiving benefit.
• Initial unemployment exclusion, some plans do not cover you for unemployment for the first 180 days of the policies.
• Health exclusions a number of policies require a certificate from a consultant before paying benefit for back related or mental health issues. This can make claiming very difficult.

The above list is only a small example of the things you should consider, we reccomend talking to a specialist adviser before taking out cover of this type.

WE feel that this type of insurance is one that should be considered before most personal insurances as statistically you are much more likely to need this type of policy than you are a life policy. In the ideal world you would protect your income against long term disability and also protect your dependents in the event of your premature death.

Protect yourself and your dependants from short-term financial hardship with A S U Insurance.
For a longer term solution to accident and sickness that would pay out for more than 12 months, we recommend Permanent Health insurance.

ASU or Accident Sickness and Unemployment Insurance

UKinsurancenet can provide A S U insurance cover for mortgages. You'll be asked if you'd like protection when you apply.

If you're unable to work due to disability, accident or sickness for 30 consecutive days or more, you'll get benefit for each continuous day you're not working after the first 30 days (subject to meeting certain criteria).

UKinsurancenet offer ASU quotes online which allow you to compare up to 80 plans in one place..

The self-employed and directors of companies may not qualify for the unemployment element of the policy.