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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.

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

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