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JSA after redundancy how long?
Comments
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Looks like someone has taken their ball....
LM you are right it is a big hole in the system that you will fall into, work on getting a new job.
When you have a job consider income protection insurance to cover this hole in the future.0 -
I removed my posts because I found the OP too aggressive to continue.
And contrary to her post above she clearly did come here for 'a slanging match.'
I am sure many here will be happy to oblige her - but not me.~*~ If you don't need it, it isn't a bargain ~*~0 -
Fact is that our bills, mortgage and living expense would not be covered by my partners wage alone.... so there is a high risk that previous mid earning families will basically lose there houses etc
I don't want to get into a slanging match and I'm not being judgemental. But ideally you would put your own arrangements in place whilst you are both earning.
This can take the form of redundancy insurance and/or savings.
It's a good idea to have arrangements in place for all sorts of events like death, sickness, accident & redundancy (the main ones I can think of) especially if you have dependents.0 -
If you haven't got PPI yet, then now is a good time to arrange it BEFORE you get a letter stating you are under threat of redundancy.
Most of the guys I worked with did this the day our boss told us our parent company was undergoing a re-modeling exercise. By the time we received the letter, their policies were in place.Never Knowingly Understood.
Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)
3-6 month EF £0/£3600 (that's 0 days worth)0 -
There is normally a period on insurance where they won't pay out e.g. the first 3 months.
This is to try to stop people only taking the insurance when they think they might be made redundant.
If you are looking at April then I would consider the advice above and look at taking out an insurance policy soon.
Check the period in question and try to get a short one.0 -
Wow so many replies when I have come on, it will re-iterate that I am certainly not on here to argue with anyone. In the time I have been registered on MSE I have tried to be polite to others and help out others when ever I can.
I came on here to ask for some factual advice (whether or not I agree with these facts is I guess irrelevant) and am grateful to those who have helped.
For others who have suggested insurance - I do indeed have a policy which will pay my mortgage for the first 6 months after redundancy - which is why I was keen to know what happens after 6 months.
Of course I really hope I can either get new employment or better still not be made redundant in the first place! But like any normal person I have worries.
Thanks to all your responses guys - I think I have got all the info I need now0
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