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Are there any insurance companies that insure you if redundancies have been announced

I think they all have a clause along the lines of you not being elible if you are aware of the fact that there may be redundancies. Are there any that dont have this clause?

Comments

  • dunstonh
    dunstonh Posts: 121,424 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Are there any insurance companies that insure you if redundancies have been announced

    Only if they are stupid and dont want to be in business very long. ;)

    The clause is there to stop people signing up and only paying a month or two every time redundancies are mentioned and then stopping when the risk has gone.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • FSexpert
    FSexpert Posts: 16 Forumite
    I think they all have a clause along the lines of you not being elible if you are aware of the fact that there may be redundancies. Are there any that dont have this clause?

    Nope, sorry.
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