Accident Sickness And Unemployment Insurance

How would you cope if your income stopped due to an accident sickness or unemployment? Maintaining a regular income is essential for most of us, but what if this income was to suddenly stop due to a factor outside your control? How would you pay the mortgage, household bills and other expenses?

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There are other providers of Payment Protection Insurance/Short Term Income Protection and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk.

Accident Sickness And Unemployment Insurance

How would you cope if your income stopped due to an accident sickness or unemployment? Maintaining a regular income is essential for most of us, but what if this income was to suddenly stop due to a factor outside your control? How would you pay the mortgage, household bills and other expenses?

It’s a fact that many people of working age will be off work at some point in their lives for a sustained period of time through an accident or sickness. With the economy being as it is now, job security is also no longer assured whoever you work for.

Of course, if the worst did happen you may receive some payment from your employer as part of your benefits package or a contribution from the state, but would this be enough for you to really cope?

We all want to ensure we have adequate resources or Accident Sickness and Unemployment insurance in case the worst happens. Accident Sickness and Unemployment insurance will help you ensure you won’t suffer financial hardship, even if your health suffers or you are unemployed. Protecting your mortgage payments means you will not lose the roof from over your head, and more importantly, will provide reassurance at a time that can be very stressful.

Accident Sickness and Unemployment insurance usually pays you for up to 12 months in the event you are off work and have a valid claim. The benefit payments can be back dated to day one of your absence.

The Mortgage Factory's advisers will consider your situation and give you advice on the most suitable mortgage payment protection insurance, accident, sickness and unemployment insurance or income protection insurance products to suit your needs.

There are other products available designed to protect you against loss of income. For information about insurance please visit the website at www.moneyadviceservice.org.uk