Accident Sickness And Unemployment Insurance Cover. Accident Sickness and Unemployment insurance also known as ASU is an insurance policy that allows you. Accident sickness and unemployment cover ASU covers you for those 3 situations.
Provides some level of protection in the event of an accident being off work due to sickness and in the. If you fall ill or injure yourself and are unable to work then most companies will continue to pay your salary for a set period of time. If any of this happens to you it will affect how you earn your living.
Normally the policies last for 12 months but can vary.
Theres a lot that can take you by surprise in life including bumps in the road. If youre self-employed and unable to work accident sickness and unemployment ASU insurance is designed to cover a portion of your income while you get back on your feet. Its a form of income protection that pays you a tax-free. If youre unable to work because of a short or long-term illness an accident or redundancy or involuntary unemployment this is the cover for you.