The financial services branch of the financial markets is in bloom at the moment because individuals are beginning to realise that there are more threats to the happiness and well being of individuals in society today than there ever has been. The constantly changing nature of the worlds markets leads to a certain instability and things that the previous generation took for granted, such as having one job for life, are no longer viable. Instead, products offered like redundancy cover are more in demand than ever.
Redundancy cover offers an individual a whole host of benefits that no other insurance policy will generally offer. There are two distinct types of redundancy cover and it is up to an individual which one he or she decides will be of most benefit to personal circumstance. It may be that the mortgage redundancy cover is no longer relevant because he or she has no mortgage, and thus a salary redundancy cover would be more apt. In this way, the individual in question has a choice right from the outset.
Redundancy cover is designed to enable you to live for the period that you are out of work after being made redundant. Although there is generally a waiting...
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