Life Insurance

Accident, sickness, unemployment (ASU) Insurance cover arranged by the borrower to protect against inability to meet mortgage payments.
This cover could be more accurately described as accident, sickness and redundancy insurance as unemployment cover is generally restricted to cover only events that are entirely beyond the control of the insured person. The cover is sometimes referred to as Mortgage Payment Protection Insurance (MPPI).

Typical exclusions include dismissal following professional misconduct and any act of voluntary redundancy. The accident and sickness cover will also be subject to exclusions such as any act of self-injury or any injury related to the use of alcohol or drugs.

Mortgages UK-Wide are authorised by the Financial Conduct Authority (FCA) to advise you and arrange the most appropriate cover for you, selected from a wide panel of insurers.