Accident, sickness and job loss insurance? UK?
my partner is a self employed builder and is looking for cover, we rent a house from the local council and most i have found seemed to cover mortgages merely. i am just about to enjoy a baby and im on maternity head off with statutory mat pay. we are looking to bring cover as there is only 1 wage coming surrounded by and if anything happens that he cant work we wouldnt be able to rate any of our outgoings. whats the best cover and would it cover if he broke his leg playing a sport for example?
Answers:
ASU cover is designed for employed people to save up the mortgage payments. What your partner needs is income protection (previously called undying health insurance). That pays an income if he can't work through sickness or accident. It doesn't wage if he's unemployed, but he's got some control over that. Have a look at http://www.medibroker.co.uk/phiguide.htm…
ASU is really designed for employed and not really suitable for your hubbys situation. there are too tons options to discuss here, due to not knowing too many facts on your fastidious financial details. Best go meet up next to a IFA.
personally, with a current member on the way, i would recommend taking out a vivacity policy for the duration of the child, say 20-25 years on a 'Level Term' basis, as the ASU you mention is merely temporary cover.
Sounds like you are in the UK.
What you are after is a Personal Accident & or Sickness Policy and or a Permanent Health Insurance. These can be sold by independent financial adviser or general insurance brokers.
xxVP
be in motion to an independent financial advisor and ask for their recommendations. They will tell you which policies will apply for you. Make sure that you read the small print and you ask any questions that you have.
Related Questions:
Answers:
ASU cover is designed for employed people to save up the mortgage payments. What your partner needs is income protection (previously called undying health insurance). That pays an income if he can't work through sickness or accident. It doesn't wage if he's unemployed, but he's got some control over that. Have a look at http://www.medibroker.co.uk/phiguide.htm…
ASU is really designed for employed and not really suitable for your hubbys situation. there are too tons options to discuss here, due to not knowing too many facts on your fastidious financial details. Best go meet up next to a IFA.
personally, with a current member on the way, i would recommend taking out a vivacity policy for the duration of the child, say 20-25 years on a 'Level Term' basis, as the ASU you mention is merely temporary cover.
Sounds like you are in the UK.
What you are after is a Personal Accident & or Sickness Policy and or a Permanent Health Insurance. These can be sold by independent financial adviser or general insurance brokers.
xxVP
be in motion to an independent financial advisor and ask for their recommendations. They will tell you which policies will apply for you. Make sure that you read the small print and you ask any questions that you have.
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