accident sickness insurance benefits

If you are considering buying accident sickness insurance (combined with unemployment cover too, this is called ASU for short), then don’t let the recent negative press dissuade you. Certainly, while the recent mis-selling scandal has highlighted that there have been some failings when selling this type of payment protection insurance, already many positive changes have been seen within the sector.

It should also be borne in mind that the major culprits of indulging in sloppy sales practises were the high street banks and lenders who often over charged for the cover as well as selling it to people who would not be eligible to claim.

This insurance is generally forced on customers by the high street banks and lenders at the time of taking out some form of borrowing such as credit card, mortgage or loan. However, historically, taking cover this way if often the most expensive option. These high street names pocket around £5 billion every year in profits from selling accident sickness insurance cover alongside the borrowing. A cheaper option to get adequate cover is by choosing to shop around for the policy among independent providers.

To get quality cover for your circumstances getting quotes for not only the price but the benefits offered for your payment protection insurance, as well as buying with a specialist provider is imperative. A specialist, standalone protection insurance provider will help ensure that you, the individual buy cover that more than adequately meets your requirements.

British Insurance are one independent specialist who can offer quality cover at a price that can suit in the most modest of budgets. Their accident and sickness insurance policies can also offer additional benefits that some of the policies on the High Street do not, such as your claim being backdated to the first day you became unable to work.

Accident sickness insurance can help to provide a financial lifeline and in a world where nothing is certain, this is imperative.