Redundancy Protection Insurance
Redundancy Protection Insurance Quotes
Redundancy protection insurance could provide you with a temporary monthly payment if you ever have to go through involuntary redundancy. It is simple, you pay a small monthly premium for redundancy protection insurance, and should you ever need it, it could pay out an agreed monthly sum for 12 months. The payments could cover a proportion of:
- Mortgage repayments
- Debt repayments
- Rent payments
- Household bills
Redundancy protection insurance is subject to conditions, find out more with a quote - see below:
|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 >|
When Mike Oliver, a 34 year old accountant and father of two was unexpectedly made redundant, his income insurance protection was able to cover the cost supporting his family while he got back on his feet.
Without the financial support granted by his insurance, Mike would not have been able to cover the cost of his living expenses particularly his mortgage. When discussing his situation Mike commented that the insurance was vital in helping to ensure they kept the family home.
After receiving the financial help he needed, Mike is now in a new full time job.