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Guide to Redundancy Cover

Guide Contents

Redundancy Cover
Finding the best redundancy cover
Buy redundancy cover
Frequently asked questions about redundancy cover
Where to get more help about redundancy

Redundancy Cover

Redundancy is fast becoming an issue which could easily face any of us at any time. Long gone are the days when a job was yours for life. With all the troubles the global economy has recently suffered, job security is very much a thing of the past.

According to Labour Market Statistics from the Labour Force Survey, there was a staggering 2,448,000 people jobless throughout the UK in the 3 months ending August 2010. For those people redundancy is very real.

With these sorts of reports hitting the front page of our daily newspapers, it is no wonder that more and more people are looking at what safeguards can be put in place to protect their family’s financial future.

There are a number of products available to help you through those rainy days, should they appear, but planning is crucial as many policies will not provide any benefit unless you have been employed by the same company for at least 6 months prior to becoming redundant.

This guide looks at the different options available to provide you with peace of mind if redundancy does happen to threaten your way of life.

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