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Tel: 0115 859 0012 M: 07815 161 935

Dependable Finance
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ASU

Accident Sickness & Unemployment ( ASU )

Accident, Sickness & Unemployment insurance (ASU), is also known as mortgage payment protection. It is designed to provide you with an income to meet your outgoings in case of:

  • Absence from work due to illness
  • Absence from work due to an accident
  • Redundancy

With an accident, sickness & unemployment policy you pay for 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.

Exclusions may apply.

Eligibility

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.


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Company address:
Dependable Finance Ltd, 358 Loughborough Road, West Bridgford, Nottingham, NG2 7FD
T: 0115 859 0012 M: 07815 161 935
F: 0115 859 0012

Email: advice@dependablefinance.co.uk

Registration address:
Unit 24 Wilford Business Park, Ruddington Lane, Nottingham, Nottingham NG11 7EP
Registration number: 5391379

Dependable Finance Limited is an Appointed Representative of Openwork Limited, which is authorised and regulated by the Financial Conduct Authority.

Openwork is entered on the Financial Services Register (www.fsa.gov.uk/register/firmSearchForm.do) under reference 408285

The information on this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

Telephone: 0115 859 0012 M: 07815 161 935 | advice@dependablefinance.co.uk

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