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Mortgage Payment Protection and Redundancy

Kass · 2011-11-01 16:07:16

Hello, Just wondering if anyone has had experience of the following; The company I work with has been taken over by another company. It looks like I will be offered a job in a location that does not suit or redundancy. I am lucky enough to have a mortgage protection policy that pays out on involuntary redundancy. Given…

01-11-2011 4:07pm

#1

Kass

Registered Users, Registered Users 2 Posts: 2 ✭

Join Date: April 2011

Posts: 1

Hello,

Just wondering if anyone has had experience of the following;

The company I work with has been taken over by another company. It looks like I will be offered a job in a location that does not suit or redundancy.
I am lucky enough to have a mortgage protection policy that pays out on involuntary redundancy. Given that I will be turning down a job will my redundancy be voluntary, even though the alternative job just won't work.

Thanks

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Comments

#2 02-11-2011 2:32am

lpjonesy

Closed Accounts Posts: 17 ✭

Join Date: November 2011

Posts: 17

these insurance companies rarely payout , there is always small print , read the policy terms and conditions carefully and then make a claim with this in mind

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