Short term income cover when other policies may not be the right option
ASU Cover
Accident, Sickness and Unemployment insurance (often referred to as ASU) provides a fixed monthly benefit if you’re unable to work due to illness, injury, or redundancy. It’s designed to help cover essential outgoings such as your mortgage, rent, or household bills during short-term disruption.
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This can provide a monthly benefit or a lump sum, if you’re unable to work due to an accident. This may include injuries that prevent you from performing your job, spending time in hospital, or helping support your income while you recover and return to work.
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Cover can pay out if illness stops you from working, offering short-term financial support during periods of recovery. ASU is often not medically underwritten, making it an option for people with more complex medical histories.
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Unemployment cover can help provide a monthly payout if you’re made redundant through no fault of your own, subject to policy terms. This can help ease financial pressure while you look for new employment.
We help you understand whether ASU is suitable for your circumstances, how it compares to other income protection options, and whether it offers the right balance of cost, simplicity, and cover for your needs.
ASU policies typically pay a fixed monthly amount, often linked to key outgoings such as your mortgage or rent. The benefit amount is selected at outset and remains fixed, helping you plan around known monthly commitments.
Payments are usually limited to a short-term benefit period, commonly up to 12 or 24 months per claim. ASU is designed to bridge the gap during temporary disruption, rather than provide long-term income replacement.
The deferment period (sometimes called a waiting period) is the length of time you need to be off work before your ASU policy starts paying out.
This is usually between 30 and 90 days and can be set to match any sick pay or savings you already have in place.
Unlike traditional income protection, ASU policies are generally not fully medically underwritten at application stage. Some disclosures are still required, but this can make ASU a suitable option for individuals with pre-existing or complex medical histories.
Why Choose ME
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We’ll help you understand whether ASU is appropriate for your situation, and where other protection options may offer better long-term value.
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ASU can be a cost-effective way to protect essential outgoings. We help balance affordability with meaningful cover.
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ASU can often be arranged quickly with minimal underwriting, helping you get cover in place without unnecessary delays.
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No obligation, no jargon. Just clear, honest advice from an experienced adviser who puts you first.
Common Question
Choosing the right insurances can feel overwhelming at first. These FAQs cover some of the most common questions we’re asked, helping you understand how protection insurance works and what to consider before getting started.
No. ASU provides a fixed, short-term monthly payout, while income protection usually replaces a percentage of your income and can pay out long term. Some people use ASU as a simpler alternative or alongside other protection.
Most policies pay for a limited period per claim — commonly up to 12 or 24 months — depending on the policy terms. Some may pay a lump-sum per claim event
ASU typically involves limited medical underwriting. Some disclosures are required, but it may be more accessible for people with pre-existing conditions.
Yes, unemployment cover can pay out if you’re made redundant involuntarily, subject to policy terms and eligibility criteria.
Insights
No obligation, no jargon. Just clear, honest advice
