Redundancy Income Protection
Unemployment insurance will give protection in case of redundancy or other involuntary unemployment, as well as having to quit your job to become a full time carer for a member of your immediate family. Accident and Sickness covers you if you are unable to work due to an accident or illness. According to the Department of Works and Pensions the average UK worker would struggle financially after just 4 weeks if out of work. Redundancy income protection provides a certain percentage of your monthly income for a pre-determined length of time, usually 12 months. Use our service below to get online quotes:
| Provider | Type of Insurance | Maximum Cover | Special Features | Get Quotes |
|---|---|---|---|---|
 Instant Income Protection Quotes » | Short Term Income Protection Insurance | Up to £2,500 per month or 65% of Gross Salary (whichever is lower) | Price Beat Guarantee - Widest Cover - Online Quotes | Get Quotes > |
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Income protection insurance may:
- Provide cover while you are looking for employment
- Help you keep on top of heating, electricity and water bills
- Assist with paying home, car and other insurance policies
- Help you to pay your mortgage payments or keep up with rent payments
- Assist you in paying your debts if you have any
- Help you pay your council tax
It is important to note that cannot apply for this Income Protection Insurance if your work is temporary (including agency work), casual, seasonal, irregular, a period of training/apprenticeship or for a specific task.