Redundancy Insurance is quickly becoming the new 'must have' insurance for anyone with large outgoings or a family to support. A unique, competitively priced option is now available through Dorchester Life.
If you are concerned about the short term effects of how you would cope financially if you were made redundant then the perfect solution is available now. Would you have enough money to pay for rent or mortgage, food, petrol, power etc?.
This insurance is designed to cover you for a short term while you are finding your new job. To qualify you must be employed on a permanent full time basis for at least 35 hours per week. You must also be aged between 18 and 59 at the time of application.
Dorchester Life has introduced ‘Stop Gap Redundancy and Life Insurance’. You can select a monthly cover of $500, $1000, $1500 or $2000; it is your choice entirely. You can also select life insurance of $10,000, $30,000 or $50,000 (minimum $10,000)
There are a couple of things to note eg no cover will exist where redundancy occurs with the first 60 days of the policy being issued and there is also a 7 day stand-down period from the effective date of official redundancy.
Other than that the insurance is for up to 120 days if you have been with your current employer for 12 months or 60 days if you have been with your current employer for less than 12 months.
Here is the brochure for your information, the monthly premium quotes are also included. You choose the option you prefer. Then if you would like to apply there is a premium chart and quick application form to complete. Cover is guaranteed to be accepted so act today and be protected for the future.
Once you have completed the form please post to:
PO Box 48019
Alternatively, ring our preferred Redundancy Insurance experts, The Insurance Helpline, on 0508 746 487 any time for more information.