You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with GDPR May 2018 requirements. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.
By submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.
Accident Sickness & Unemployment ( ASU )
Accident, Sickness & Unemployment insurance (ASU) is designed to provide you with an income to meet your outgoings in case of:
With an accident, sickness & unemployment policy you pay a monthly premium for the level of cover you need, and if you lose your job or can’t work, you will receive that amount of money each month to cover your costs and spend as you wish. Policies usually pay out for up to a year or until you return to work, whichever happens first.
You can choose the amount of benefit you would like to receive, although there are some limits on the maximum amount. The premium will be a percentage of the amount of monthly benefit you would like to receive. Benefits are usually payable for a maximum of 12 months.
Some policies will also allow you to choose whether you want to receive benefits for accident & sickness only, unemployment only or all three.
There are some exclusions however that you usually would not be covered for:
Note – Although these are typical exclusions this may depend on the individual provider.
Usually, provided you are over 18 and under 60, and you normally reside in the UK, Channel Islands or the Isle of Man, you can apply for an accident, sickness & unemployment policy as long you are in employment or self-employment for at least 16 hours per week, and have been so for the last 6 months.