Redundancy cover
Redundancy is a risk that has recently become very pronounced and has caught a lot of people unawares.
It is definitely worth including as part of your total insurance package. Taking our jobs for granted is a mistake made by too many people and when there is no nest egg which can tide you over till your next employment, it can be a costly one. Redundancy protection pays you your insured amount if you are made redundant for up to 6 months or till the next employment is found, whichever is earlier. |
Independent advice on Redundancy Protection
Different insurers have differing terms and conditions, just like all other insurances, so it is best to talk to a non-aligned professional advisor who can find the right one with the most favourable terms for you.