Redundancy Insurance
Redundancy Insurance This cover usually is available as an add-on to Income Protection insurance but may be able to be purchased separately through some insurers. Redundancy Insurance is not often part of have Income Protection insurance, and you have to add it as an optional extra. Why should you have redundancy insurance? Firstly, not all occupations can get this type of cover, so you will need to check with your adviser, whether it is available for your occupation class or industry. Think for a moment, what your options are if you were made redundant, how would your household cope without [...]