Aviva Redundancy Protection Insurance

> Aviva Redundancy Protection Insurance. Do not overpay for redundancy cover: compare the whole market and save up to 40%

Redundancy or unexpected unemployment is most likely to happen when a recession is starting out, we may consider now to turn our head to the insurance company and try to pay off the mortgage of our homes. Since we lose our job, there’s no support at home now and the resources from home such as food, electricity and college tuition of a son will start failing out. However, if you have a home policy coverage that can cover the main necessities at home and fill the current financial obligations, you can easily cope with that. On the other hand, it’s more recommendable to have unemployment insurance, so the company can cover the whole package.

Better Redundancy Protection

It’s important to keep supporting the insurance, though it wear out your savings, but they will provide you security in any event and let you maintain in line while you don’t have a job. This kind of policy would pay out very hard for mortgage and living expenses while you are looking for a new job. They can provide you with living expenses and mortgage for about 12 months or a year. For that reasons, Aviva offers a separate Accident, Sickness and Unemployment Policy Plan, which is designed to cover the cost and payments of your mortgage and other expenses up to a maximum money amount of £1,500 monthly, for a year, whether you are unemployed, suffer an accident or have a sickness.

Peace of Mind from Aviva

To be eligible for this insurance, you have to be between 18 and 64 years old, being in a job of 16 hours a week or more, live in UK, be paying out the mortgage, be a punctual payer of the mortgage. But, what is the main benefit? If you have stop working full time, the insurance will pay you and cover your needs. And, what will not cover? It won’t cover if you have resigned, retired, or taken as a voluntary, for instance. There are many other exclusion that every holder has to check first before signing up any workpaper. Bear on mind that companies give you limited coverage of 1 year.