How does unemployment insurance work?

With unemployment insurance you pay regular premiums and subject to certain conditions we agree to pay you a monthly benefit if you are unable to work because of accident, sickness and unemployment. The unemployment that incurs because of accident, sickness and unemployment (ASU) can seriously affect your lifestyle. Unemployment insurance can reduce the negative effect of your loss of earnings by replacing a proportion of your income and can help bring you peace of mind.

Our unemployment insurance is offered as combined Accident, Sickness and Unemployment or Accident & Sickness Only. The protection you choose will depend on your own individual requirements.

We provide the choice between Back to Day 1 or cover from Day 30.

With Back to Day 1 cover you make a claim (after 30 or more consecutive days of loss of income) and the claim you make is backdated to the first day of the 30.

With from Day 30 cover you make a claim (after 60 or more consecutive days of loss of income) and the claim you make is backdated to the 31st day.