What is ASU or MPPI?
ASU stands for Accident, Sickness and Unemployment insurance. MPPI stands for Mortgage Payment Protection Insurance. They are generally regarded to be the same thing. If you are unable to work due to an accident, suffer a period of sickness or hospitalisation, become unemployed or be unable to continue your business if you are self-employed, the policy will pay out to cover your monthly outgoings for up to 24 months.