Is it too late?

j19842

Today, my employer (NHS) announced that over the coming months, there will be several hundred redundancies, and some compulsory – and that decisions on how staff will be effected will be made in the coming weeks and months.

I have no idea if it will affect me or not.

Question is, is it too late to get income insurance? The Barclays website states, in order to qualify - “you must not have been aware of any impending unemployment.”

Am I aware of any impending unemployment at this stage?

Is it too late to apply, so that if in a few months I get a redundancy notice, I can claim?

Please help? I couldn’t survive without.

GeorgeUK

I think it may well be too late.

Is it just your loan that you have to pay? Do you already have PPI on this?

j19842

GeorgeUK wrote: »

I think it may well be too late.

Just looked up the definition of 'impending' - and it's "about to happen".

I don't know that mine is 'about to happen' - just that, as with all public sector workers - it might.

Does that mean it might be too late for any public sector worker to get it?

Locana

As a public sector Employee I would say too that it is too late. If i were to get this insurance now and then possibly lose my job, Barclays could just well look at the news/government to see that funding has been cut in my sector and then argue that it was impending..

GeorgeUK

I guess you could be up front with them about it. Tell them that you work for the NHS and that redundancies areiminent, but you don't know if you or your division will be affected. If they allow you to take the product, then they shouldn't back out of it should anything happen. Possibly put this in writing to them and enquire as to which product may be best suited to you. Then you have something to hold against them should the worst happen and they renege.

BlueAngelCV

I don't think it's too late. You could say that about virtually everyone because of the recession.
I would give it ago. The worst they can say is no.

determined_new_ms

I think if you haven't had an official meeting or letter about YOU facing redundancy its not too late - general comments aboutup coming cuts is no the same as being told you are being made redundant - good luck x