Redundancy Insurance

Find the best unemployment insurance by comparing our panel of specialist ASU providers.
	British Insurance offer income, payment & mortgage protection insurance with up to 12 months benefit and a choice of excess periods
	Want to cover payments to your Mortgage, Rent, Loans, Credit Cards - or just a percentage of income? Short Term Income Protection covers them all. Redundancy only cover from £3.00, and you'll be on cover within the hour.
	I Protect Insurance offer mortgage & redundancy insurance plans from only £10 per month. Their plans are designed to pay mortgage, rent and other regular commitments.
	Help U Cover Offer a choice of plans to protect your income or your mortgage payments and your income.
	Protection UK NET, Have been arranging PPI plans to customers all over the UK for more than 30 years. They endeavour to offer excellent value in all of the insurance policies they offer.
	Columbus MPPI provde cover should you be unable to make your mortgage payments as a direct result of the insured perils such as accident, sickness & unemployment
	If you cant work or are made redundant the GET MY Mortgage Proection plan can take the strain. Their plans not only offer cover for your outgoings but also help in getting back to work
	Lexelle are proud to offer comprehensive coverage with value for money premiums and plans that are as individual as their customers

Redundancy Insurance

Redundancy Protection Insurance is often sold with mortgages, credit cards and other loans. This form of cover is often known as Income Protection or Payment Protection. This cover provides payments when someone loses their job. Payment protection from lenders can be expensive so it pays to look at policies from independent brokers such as UKinsuranceNET.

Redundancy Insurance Cover can help you protect either your salary or mortgage repayments if you lose your job due to redundancy. In other words, there are two types of Redundancy cover, comprising Mortgage Protection insurance and Salary Protection insurance. Either way, both help you to meet your financial commitments, through regular payments under the terms of your Redundancy cover.

The money received from the insurance policy should not be treated as income by the DSS provided the claimant is using the insurance to pay monthly payments on a loan, credit card, mortgage, or similar agreements.

Redundancy Cover, which is also known as Redundancy Insurance, can help you protect either your salary or mortgage repayments if you lose your job due to redundancy.

If you need your Redundancy Insurance to cover your mortgage, the maximum monthly benefit you are allowed to insure is 65% of your normal income. You can choose to receive benefit payments after either 30 or 60 days of continuous unemployment and benefit will cease after you have received 12 monthly payments.

For salary protection the maximum monthly benefit you are allowed to insure is 50% of your normal income. You can choose to receive benefit payments after either 30 or 60 days of continuous unemployment and benefits will cease after you have received either 12 or 24 monthly payments.

UKinsuranceNET redundancy protection insurance policies can be tailored to suit your individual needs. Simply click for a quote.