Accident, Sickness & Unemployment
Accident, Sickness and Unemployment (ASU) cover is a great way to protect yourself in the short term if you are worried about loss of income through sickness and unemployment. No medical underwriting is needed and cover will typically pay out between 12 to 24 months per claim depending on provider. Similar to Income Protection- maximum benefit is normally restricted to around 65% of your gross salary. If you are worried about being made redundant, then unemployment cover gives you some breathing space to look for the right job, rather than taking the first offer out of desperation.