As a knock on effect of the uncertain times we are facing in the UK the most widely advertised price comparison website Moneysupermarket.com has reported a 15% increase in the number of visitors to its Accident, Sickness & Unemployment insurance section.

This may be a the result of a portion of the UK population losing faith in the stability of their jobs but on the other hand, it may just be because Moneysupermarket.com has increased the marketing of that section of their website.

thisismoney.co.uk has an interesting article with some useful information about Accident, Sickness and Unemployment insurance.

The main concern mentioned is unemployment as opposed to accident or sickness so it’s important to know that if someone is self employed the process of making a claim for unemployment cover is less straightforward.

For people with their own limited company it is sometimes necessary for the company to have ceased trading before a policy will pay out. Directors may need to resign from their position before making a claim and at the very least evidence of diminished or zero income will need to be proven.

Self employed people seeking ‘unemployment’ protection should make contact with the provider before accepting a policy to check the requirements for making a claim.