Protection: ASU Cover

You may think that you will be able to rely on your savings or State benefits to pay the mortgage if you are unable to work - but research has revealed that for the majority of borrowers both these routes would be inadequate to cover them.

Mortgage payment protection insurance is designed to pay you an amount to enable you to meet your monthly commitments if you are unable to work or been made redundant. This would allow you to focus on getting yourself better or finding another job rather than worrying about how you are going to pay your mortgage.

Becoming unemployed can cause many problems, not least the fact that there simply may not be any money to pay the bills. Most people will agree that their home is their most important material possession, yet if mortgage payments cannot be made, the security of a home can be taken away.

You cannot rely on state help to cover your mortgage payments if you cannot work. Income support for mortgage interest helps homeowners receiving benefits with their mortgage, subject to certain rules & regulations, and often isn't an adequate solution for most.

FACT - Only a quarter of homeowners are thought to have a Mortgage Payment Protection Insurance policy (or ASU policy) in place.