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Redundancy Cover, can you get it just before you lose your job?

Redundancy Cover, can you get it just before you lose your job?

Redundancy cover

Redundancy cover will likely not be possible to get once there is public knowledge that there will be job losses at your work. Also most of these currently have a six month stand down, meaning no claims for the first six months.

It is available as an add on to income protection or mortgage repayment cover. The payment term when claiming is six months, so you have time to find the prefect job.

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