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Guide to Unemployment Insurance Cover

Buy Unemployment Insurance Cover

There are vast numbers of companies who are willing to sell you an insurance policy to protect against one thing or another. Use this to your advantage and shop around for the right policy at the best price.

To be eligible for unemployment insurance you are usually required to be:

  • over 18 years
  • under 60 years
  • employed or self employed for a minimum of 6 months
  • reside in the UK

All policies vary on their terms and conditions. Be sure that you read and fully understand these before proceeding.

When looking for the most suitable unemployment insurance, the best place to start is probably the Internet. Here you will find an array of suppliers but more importantly be sure to check out the best buy tables. These tables show you different products that are available for different premiums. Always bear in mind that the premiums may change to those advertised due to personal circumstances which may have an impact on the premiums.

Some of the things that will affect your monthly premium are:

  • Your health
  • Amount of benefit you require
  • How quickly you require the benefit to commence once being unable to work

If you decide that you do not want to search the endless supply of companies for the most suitable insurance, it is possible to hand the leg work over to a Financial Advisor or Broker. These professionals will search the market for you, obviously at a fee! It is worth contacting an Independent Financial Adviser, as they will not be tied to specific range of products and will therefore be able to search extensively to find the most suitable product at the best price.

Alternatively, you are able to find unemployment insurance easily on the High-street, in the Yellow Pages, via the Inter-net or even through your bank or building society.

Guide Contents

Unemployment Insurance Cover
Finding the best unemployment insurance cover
Buy unemployment insurance cover
Frequently asked questions about unemployment insurance cover
Where to get more help about unemployment insurance cover

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