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Redundancy/Income protection - 120 days initial

[Deleted User]
[Deleted User] Posts: 0 Newbie
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
in Redundancy & redundancy planning
Company officially announced today that there would be redundancies in the next month.

I currently dont have a mortgage protection policy and noticed that most of them stipulate a 90/120 day wait period if you're 'aware' of being made redundant.

I guess if I'm redundant this time around, I've had it even if I start a policy today but I guess it could be OK for maybe 6 months down the line.

What exactly counts are being 'aware' of redundancies? Company announcement that there are going to be, or an official 'at risk' letter for your position?
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