With unemployment figures at an all time high, the possibility of losing your job is becoming a real concern for many. However one possible option to help ease your worries is unemployment insurance.
Unemployment insurance, sometimes known as ASU insurance (accident, sickness and unemployment insurance), offers protection in the event that you are unable to work due to terms set out in the policy, usually things like redundancy or illness.
It is up to you to decide which things are important for you have covered and ensure your policy includes these. Another consideration is the amount of unemployment cover you should have. Do you simply want it to cover your credit commitments, including loans and mortgages or perhaps you would like it cover a percentage of your income?
Due to expansion in the unemployment insurance market, premiums have become more competitive and are probably cheaper than you would expect. Our advisers can help you decide on the right unemployment insurance and the most suitable level of cover at a price that’s right for you. Or if you simply want insurance advice call us on 0800 678 5929 or use our online unemployment insurance enquiry.
