Accident Sickness & Unemployment - Prestige Financial Solutions
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Accident, Sickness & Unemployment Cover (ASU) or Mortgage Payment Protection Insurance (MPPI)


ASU, or MPPI as it is now referred to, is designed to provide you with financial protection in the event you are unable to continue working because:


• You have lost your job through no fault of your own;

• You become ill and are too sick to work;

• You are injured and unable to work.


You will typically receive a proportion of your income for up to 12 months which can then be used to help cover your monthly outgoings.


This Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at


A typical monthly cost for Short Term Income Protection is £5.01 for every £100 of monthly benefit you would get. The monthly cost includes Insurance Premium Tax (IPT) at the present rate of 6%. The cost is based on a customer aged 31-35 who has taken out a new credit agreement taking out our full accident, sickness and unemployment option with 30-day back-to-day-one cover, 12 months’ benefit, no deferred premium payment period and protecting an income of £755 a month.