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CETA launches ASU product for tenants

  • 14/03/2002
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CETA has launched a new accident, sickness and unemployment (ASU) product targeting tenants renting...

CETA has launched a new accident, sickness and unemployment (ASU) product targeting tenants renting property. The ASU will provide income of up to £1,500 a month.

David Quick, managing director at CETA, said: ‘ We asked our members what they wanted, and they requested policies for people who rent, so that if they were out of work, their rent would be covered.’

At £6.08 for £100 of cover, premiums are high compared with other ASU products, but this is due to rent payers being perceived as riskier than homeowners.

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