Accident Sickness Unemployment Cover
Accident, sickness and unemployment insurance typically provides benefit for a limited period. A common form of this type of insurance is Mortgage Payment Protection Insurance which usually covers your mortgage payments for a maximum of 12 or 24 months in the case of accident, sickness or redundancy. There is usually a waiting period before payments are made of either 30 or 60 days. These types of policies can also be used in conjunction with Permanent Health Insurance, often this will reduce the premium on the Permanent Health cover.