What does ASU mean in OCCUPATION & POSITIONS

Accident Sickness & Unemployment (ASU) Insurance is a type of policy which provides financial protection in the event of an accident, illness or job loss. The policy offers coverage for medical expenses related to an accident or illness, as well as reimbursement for income lost due to unemployment.

Anyone who relies on their income to pay for essential expenses such as rent, food, and transportation should consider having an ASU insurance policy. It can help protect individuals from financial hardship caused by unforeseen circumstances beyond their control.

Coverage under these policies typically include medical costs related to any accidents or illnesses, reimbursement for lost income due to unemployment and/or disability, family support benefits if you cannot work due to injury or sickness as well as other additional benefits depending on the policy chosen.

The primary benefit of having ASU insurance is that it provides peace-of-mind knowing that you will be covered should any unforeseen events occur which may put your livelihood at risk. It also allows you to rest easy knowing that you have the financial resources available in order to cope with any potential crises which could arise with respect to yourself or your family members' health, employment status or finances.

The cost of ASU insurance depends on several factors such as age and existing medical conditions but generally speaking they tend to be more affordable than other types of life insurance policies. Premiums are usually paid monthly and may vary depending on level(s) of coverage chosen by the individual/family purchasing a policy.