Accident sickness and Unemployment cover will pay out a tax free monthly income if you are unable to work because of accident, sickness or unemployment.
This type of cover is often used as protection against monthly mortgage repayments and other financial commitments.
The monthly pay out of Accident Sickness and Unemployment cover will start after the deferment period has finished. The deferment period will be specified on your policy document.
Usually Accident Sickness and unemployment cover will continue to pay out a monthly income until you return to work or for up to a maximum of 12 months.
Most Accident Sickness and Unemployment cover providers will allow you to cover yourself for up to 50% of your income.
An Independent Financial Adviser can research the policies on offer in the market for you, explain the differences and advise you on which policy to take
Getting Insurance advice fron an Independent Financial Adviser can prevent you from making mistakes, which could lead to your policy being invalid.
And remember, because an Independent Financial Adviser can search the entire Insurance market, you can be certain you are getting the best deal available
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