Redundancy Insurance

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	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 Procedure

Employers should decide on the number of employees to be made redundant and, if more than 20, must undertake collective consultation. The employer must consult "Appropriate Representatives" about collective redundancies where it is proposed to make 20 or more redundancies at one establishment within a period of 90 days or less.

The criteria used to select employees for redundancy should be as objective as possible. Consider last in first out, skills and performance, attendance and disciplinary record, experience and aptitude.

At the outset of the redundancy programme it is advisable that a general announcement about the proposed redundancies is made to confirm the reasons for the exercise and to confirm that no decisions will be taken without full consultation with employees. This announcement can either be by way of general letter or general meeting. There should then follow individual letters to employees in the areas affected inviting voluntary redundancies

Individual notices of dismissal may not normally be issued to employees in a collective redundancy situation until the consultation process has been completed.

Employers should offer suitable alternative employment if available. If an alternative position is accepted by an employee he has a statutory right to a trial of 4 weeks in the job. This is to give the employee a chance to decide whether the new job is suitable.

Despite all the legislation and payments, redundancy can be financially crippling. It is wise to obtain Redundancy Protection in the form of Redundancy Insurance Cover now and not wait until the evil day dawns when it will be too late!

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.