Making Sense Of The Terms And Conditions Of Redundancy Insurance
Redundancy insurance is undoubtedly one of the least known insurance products out there. It is designed to help people who have lost their job as a result of their employer relocating, going out of business, cutting costs and thus staff, and even selling out to a larger company. However, judging by the amount of individuals being made redundant at the moment, redundancy insurance may well be one of the most valuable insurance products around because very few individuals have savings to turn to in times of need.
Individuals should not be penalised because they have been let go by their employer through no fault of their own. Families should not struggle to eat and keep warm in times of hardship, and yet, sadly, redundancy payments may be far less than expected and simply not enough to live on.
Redundancy insurance companies have deliberately simplified their products terms and conditions as a result of the above dilemmas and now redundancy insurance is more people-friendly than ever before!
When the future of yourself and your family is on the line, anything that can be done to simplify...
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