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2 Jobs With Both Income Protection

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Hi,

I had been paying for my income protection on 2 different jobs.

I had been made redundant on one of them. Can I claim insurance even if I still have the other job?

tksnota

Comments

  • Grumpy_chap
    Grumpy_chap Posts: 18,204 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    tksnota said:
    Hi,

    I had been paying for my income protection on 2 different jobs.

    I had been made redundant on one of them. Can I claim insurance even if I still have the other job?

    tksnota
    It will depend on the terms of the policy.
    There is often a delay (3 months / 6 months) before the policy will pay out.
    Sometimes, the policy will restrict to only paying until alternative employment is secured.

    What do the terms of the policy say that you might be able to claim against?

    I did think this was possibly in the incorrect place and better suited to the general "Insurance and Life Assurance" board, but I can see why this might be appropriate in the mis-selling board.  If the policy would never have paid out because of having the second job, there might be a case for refund of premiums.  Assuming the company issuing the policy were aware of the full facts around the second job.

    The first thing to do is to look at the terms of the policy you do have, understand the criteria under which that policy might payout.
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