Redundancy Insurance - Do You Need Cover? 3089635636924505613-blid-3739938865235894587

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With the global economy being in the doldrums, a lot of people are seeking to protect themselves against potential redundancy and unemployment by taking out a redundancy insurance cover. Also commonly known redundancy protection cover or unemployment insurance, such policies guarantee regular financial payments in the event of loss of income due to redundancy, thereby allowing the policyholder to meet his or her financial commitments until he or she can find alternative employment.