Accident, Sickness and Unemployment
This type of policy covers you in the event of an accident, sickness or involuntary unemployment occurring. The insurance will cover your mortgage repayments and any other specified essential bills.
With the recent recession causing thousands of people to lose their jobs, the effects of not having cover in place have been felt by many.
Clearly this type of policy is very important, yet figures suggest that only a quarter of the UK population have this type of cover in place. Independent advice is important for anyone considering this type of cover.