Call us
01242 697821

Blogs

Keep up to date with the latest news and our guides on all things mortgages. 

What is ASU? Accident, Sickness and Unemployment Cover explained

Accident, Sickness and Unemployment (ASU) Cover is an insurance policy designed to help people who are unable to work due to injury, illness, or unemployment. The policy provides financial support to help cover living expenses, such as rent or mortgage payments, utility bills, and food. This type of insurance is becoming increasingly popular as people become more aware of the potential financial impact of unexpected events that could leave them unable to work.

 

Many people who are considering taking out ASU Cover may be on the fence about whether it is the right choice for them. Here are some reasons why securing ASU Cover could be a smart decision:

  • Peace of mind:

The unpredictability of life means that accidents, illnesses, and unemployment can happen to anyone, at any time. With ASU Cover, you can have peace of mind knowing that you and your family will be financially protected if such an event occurs

  • Financial stability:

ASU Cover provides financial support when you need it the most, helping to cover living expenses when you are unable to work. This can help prevent the stress of financial difficulties and ensure that your family's lifestyle remains intact.​​​

  • Continuity of payments:

In the event of an accident, illness, or unemployment, ASU Cover can provide you with a regular income to help cover living expenses. This can help you to maintain your standard of living and avoid falling into debt.

  • Customisation:

ASU Cover policies are often customizable, which means you can choose the level of cover that most suits your needs and budget. This can help you to get the protection you need at a price you can afford.

 

In conclusion, Accident, Sickness and Unemployment Cover can be a valuable safety net for anyone who wants to ensure financial stability during times of illness, injury, or unemployment. If you are on the fence about whether to take out this type of insurance, consider the peace of mind and financial security it can provide, and speak to an insurance adviser to discuss your options.

Related

Your mortgage options - we're still here to help

Your mortgage options - we're still here to help

The news around mortgage rates and deal availability has no doubt been heard by you and your loved o...

Read More >
Is it time to remortgage?

Is it time to remortgage?

Barclays* recently announced an analysis of the mortgage market, predicting significant changes bet...

Read More >
Stick to your health and fitness New Year resolutions

Stick to your health and fitness New Year resolutions

As we bid farewell to the old year and usher in a new one, many of us embark on a journey to priorit...

Read More >
Myth busting: home insurance

Myth busting: home insurance

When it comes to home insurance, there are a lot of misconceptions that can lead homeowners to make ...

Read More >
Spring Budget 2024 summary: what are the key takeaways?

Spring Budget 2024 summary: what are the key takeaways?

On the 6th March, the Chancellor of the Exchequer, Jeremy Hunt, delivered his Spring Budget for 2024...

Read More >
What are the different types of income protection?

What are the different types of income protection?

Did you know that recent research from Beagle Street suggests that 10 million young UK adults don’t...

Read More >

What our clients say...

Latest Blog

How technology is shaping the future of general insurance

From AI-driven claims processing to integrating Internet of Things (IoT) devices for personalised co...
Read More

Insured private healthcare admissions at near-record levels

Did you know private healthcare admissions are up, according to the Private Healthcare Information N...
Read More

What is probate and could it affect a life insurance claim?

A grant of probate is sometimes needed when valuable assets, such as property and shares, are left i...
Read More

Manage cash flow by leveraging your equity

Loading up the credit card is something we see all too often. But have you thought of leveraging the...
Read More

Are you one of the married couples due up to a £1,000 tax rebate?

With over 24 million people in the UK tying the knot, did you know you might be due a tax rebate pos...
Read More

Let’s take a closer look at secured loans to clear debt

Have you heard of a secured loan before? It is a loan that uses an asset as collateral. This means t...
Read More

Five easy ways to save money this festive season

The festive season can bring all sorts of financial stress. But with these tips, we hope you can tak...
Read More

With insurance premiums on the rise, is your policy up to date?

With insurance premiums increasing, it’s a great time to review your policy. Did you know that if y...
Read More

How much equity can I release with a lifetime mortgage?

A lifetime mortgage is a type of equity release. In simple terms, it’s a loan secured against the v...
Read More

Unlock extra benefits with your health insurance

Let’s dive into unlocking extra private health insurance benefits. Such as a second opinion on a ma...
Read More


Fairview Financial Ltd is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority. Fairview Financial Ltd is registered in England and Wales no: 10912424. Registered office: 107 Promenade, Cheltenham, GL50 1NW.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

@ 2020 by Fairview Financial

Our Fees        

A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

Our standard fee for mortgages is £395 and this is paid when the mortgage is offered. We charge a fee of £295 First-Time Buyers. Other fees may apply depending on the complexity of the work involved or loan amount. The maximum fee we can charge is £795.

Our standard fee for Equity Release is £895 and this is paid on completion.

We also receive a commission from the lender that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. If we receive a commission, this will not affect the cost payable by you.

THINK CAREFULLY ABOUT SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

EQUITY RELEASE: THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, PLEASE ASK FOR A PERSONALISED ILLUSTRATION. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.


  • Back to top