Assured Futures launches new ASU hedge


Assured Futures has partnered with Comparethemarket.com to provide accident, sickness and unemployment coverage through a panel of four specialist providers.

The unemployment element of ASU was withdrawn by all providers last spring due to uncertainty surrounding the Covid pandemic.

Assured Futures’ ASU product will be available through comparethemarket.com or as a recommended option through its phone service. The company will work with National Assurance, Paymentscare, Income Bee and Income Secure will offer coverage for one year and use an improved underwriting process for a more intuitive customer journey.

Assured Futures Commercial Director Ian Sawyer said: “Due to the coronavirus outbreak, UI has been taken off the market.

“Our new ASU comparison brings together a panel of four specialist providers to offer income protection not only in the event of accident or illness, but also in the event of forced dismissal, something we know has been missed in the market and will be. asked in the future as people continue to live with job uncertainty due to the pandemic. ”

Mubina Pirmohamed, Senior Product Manager of Comparethemarket.com, said: “The pandemic has negatively impacted the financial security of many people and has been a further cause for concern in regards to the management of entries and exits.

“The leave has protected some people, but it is important that people protect themselves as much as possible to ensure that future impacts on income can be easily managed.

“We are delighted to be able to help people re-compare unemployment coverage which will cover them against dismissal, accidents and sickness.”

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