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Understanding ASU Insurance: A Guide for Self-Employed and Employed Individuals
What is ASU Insurance? ASU insurance, or Accident, Sickness, and Unemployment insurance, is a short-term income protection policy. It provides a monthly income if you cannot work due to an accident, illness, or involuntary redundancy. This insurance pays out a proportion of your pretax income, typically for up to 12 or 24 months. What Does ASU Insurance Cover? Accident An accident is an injury that prevents you from working. This could be anything from a slip and fall to a mo
juliangrup12
Oct 10, 20252 min read
LET'S TALK MORTGAGES!
A mortgage is a contract between the mortgagee (lender, bank) and the mortgagor (borrower, the property owner). Understanding the Mortgagee The mortgagee is the entity that provides the funds for a mortgage loan. Examples of lenders include banks, credit unions, and other financial institutions. It is crucial to understand that the loan provided by the mortgagee is secured by real property. This means the lender has a legal claim on the property. The mortgagee collects month
juliangrup12
Oct 3, 20252 min read
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