Quick Quotes

Alpha Income Protection
Beta Income Protection

Accident, Sickness and Unemployment Insurance
(For mortgage payment protection, income protection and loan payment protection)

We are pleased to offer four accident, sickness and unemployment insurance policies that are suitable for meeting the needs of people who require a monthly benefit should they be unable to earn a living due to accident, sickness or following the loss of their job. These offer much more flexibility than a standard mortgage payment protection insurance contract.

Common Features of all three policies

• Maximum benefit : £2,500 per month (subject to criteria below)

• 'Back to day one cover effective after 30 days'

• Benefits paid on a daily basis paid monthly in arrears.

• 60 day initial exclusion benefit for unemployment claims

• If you are self-employed the policy covers cessation of trade due to events beyond your control

The Alpha Contract - Extra benefits at a reasonable price

• Maximum benefit =  monthly mortgage or loan repayments + up to 100% extra for other commitments

• Combined Accident, sickness and unemployment cover only

• One month's hospitalisation benefit provided after 7 days

• Two month's carers' benefit provided after 60 days

• Three months free cover at start of policy

• Confidential back to work service

The Beta Contract - 'Standard ASU policy'

• Maximum benefit = monthly mortgage or loan repayments or rent payments + up to 100% extra for other

• Choice of accident sickness and unemployment, accident and sickness only or unemployment only

• Unemployment only contracts are limited to £1,500 per month

These policies may not be suitable for you if

• You are aged under 18 or over retirement age at the start of the contract
• You are not a resident in the UK, Channel Islands or Isle of Mann or work for more than 90 days outside the EU at any one time
• You work for less than 16 hours a week
• Your work is temporary, seasonal or you are on a fixed or non-renewable contract
• You want unemployment cover and you are aware, or ought to be aware of any impending unemployment affecting employees in your company, or any circumstances that may affect future job losses at the company e.g. take-over, sudden change in company fortunes
• If you already have a income or mortgage protection policy you should be aware that there will be this 60 day 'gap' in unemployment cover during transfer so you should consider whether to keep your current policy in force for the 60 day period.
• Similarly if you have a pre-existing medical condition that your current policy covers you should be aware that cover for this medical condition will not be provided should you change policies

What are monthly commitments?

Other than your mortgage payments, rental agreements or loan repayments you should consider the following as examples of  monthly commitments. We cannot cover payments of incidentals such as food, drink, clothing as commitments.

• Insurance premiums (car, motor, house, life etc)
• School fees
• Regular Saving/ payment plans whose termination would incur penalties
• Hire purchase agreements
• Utility bills (gas, water. electricity)
• Phone bills (landline/ mobile)
• Council tax

Typical Exclusions

• - Any condition or disease which was known at the start date or for which you have received treatment or advice during the 12 months before the start date.

• - Temporary or seasonal unemployment or expiry of non-renewable or fixed term contract.

• - Impending or voluntary unemployment or early retirement.

• - Dismissal due to misconduct or breach of contract.

• - Disability due to stress, nervous disorder or backache unless a consultant certifies the condition solely prevents you from working.

• - Self inflicted injuries, attempted suicide or treatment that is not medically necessary, including cosmetic surgery.

• - Aids or HIV Self inflicted injury, drug or alcohol abuse.

• - Pregnancy, unless a medical complication occurs.

• - Claims whilst outside the EC for a period of more than 90 days.

• - Unemployment occurring within the first 60 days of the policy cover.