Redundancy Insurance

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DTI Redundancy

The Department for Trade and Industry (DTI) have published a leaflet to help persons facing redundancy. "Redundancy entitlement - statutory rights. A guide for employees" They also provide a great deal of on-line information and support.

Of course what the DTI will not do is help you financially if the worst should happen and you are made redundant. State help is now almost insignificant. There is a nine month waiting period before ANY help is given and even then there are very strict rules about who can receive it. It is also means tested. If you do manage to get it you will find that what you receive is a mere pittance.

Prudent persons will not wait until they are in this appalling situation and will act now to get themselves protection from such an eventuality.

Taking out Redundancy Protection would be a very wise move. Redundancy Insurance will give you peace of mind knowing that should the worst happen and you are made redundant that you will be able to meet all your commitments for a period so that you can get back on your feet again.

Often this type of Redundancy Protection Insurance is sold by the mortgage lender when the mortgage is first taken out. This can be a very expensive way of getting a Redundancy Insurance Policy. Independent brokers such as UKinsuranceNET can provide this cover at much more competitive rates.

UKinsuranceNET Accident, Sickness & Redundancy Insurance policies can be tailored to suit your individual needs. Simply click for a quote. Alternatively speak to one of our highly experienced consultants today on 0844 875 55 33 or fill out our online quote request form and one of our advisors will contact you.