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Redundancy Insurance

What is Redundancy Insurance?

Also known as Loss of Job Insurance. If you are made redundant (involuntarily), redundancy Insurance will start paying you a monthly amount 30 days after your redundancy. Redundancy Insurance will continue to pay you every month for up to 6 months while you look for another job. When you are getting paid by your Redundancy Insurance you can use the money to pay your rent or mortgage, your bills, or for anything you want.

The days of having job security are all but gone. Do you think anyone can consider their jobs “safe” in the current employment environment, unemployment is the highest it’s been in years and many employees are being made redundant when they thought that their job was safe.

 

 

  • If you don't have an income you may have to take the first job offer

  • It could take several months to find the right job again

  • How long could you survive without any income while you are looking for a new job ?

 

Redundancy Insurance Protection will help you financially until you are in paid employment again.

The most important thing is to get it now, some people think their jobs are safe and they don't need Redundancy Insurance Cover. But everything can change quickly and one day you might be told that some jobs at yor workplace will be made Redundant, and then its too late to get Redundancy Insurance Protection.

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