Redundancy Insurance

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Income Protection Redundancy

If you have committed yourself to a loan or mortgage it's very important that you make all the repayments in full and on time. If you don't you could lose your home if it's a mortgage or your loan is secured on it. Your credit rating that is held with credit reference agencies would also be adversely affected.

Sometimes things happen that we are not expecting. You could lose your job through Redundancy, or become unable to work due to an illness. An employer must pay most employees statutory sick pay for up to 28 weeks but this will be a lot less than your normal earnings. Then you would have to try and claim State benefits. These are very low and means-tested which may mean you won't qualify. If you are self-employed, you have no employer to help, so you would have to turn to the State.

This is when Redundancy Insurance to protect you or your family's income or borrowing can be essential. You should give strong consideration to taking out Redundancy Protection now. Waiting could mean that you leave it too late. You never know what is around the corner.

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.