Redundancy Cover Options With Personalised UK Advice
Speak with a qualified UK adviser to check involuntary redundancy cover. Eligibility, exclusions and waiting periods apply.
Redundancy Cover Options
- Benefit length options6 or 12 months
- Qualifying periods60, 90 or 120 days
- FCA regulatedAuthorised support
- Eligibility, exclusionsand waiting periods apply
How this cover works
This landing page feeds the short ASU callback journey. You submit your details, then a Best Insurance specialist reviews suitable redundancy cover options with you before you decide whether to proceed.
Tell us about your job and cover needs
Answer a few short questions about your employment, monthly outgoings and the kind of redundancy protection you want.
We review suitable options
A Best Insurance specialist checks which involuntary redundancy cover options may fit your circumstances.
Discuss exclusions and qualifying periods
You talk through notice-period rules, waiting periods, benefit length and any other key exclusions before making a decision.
Choose whether to proceed
If the available options suit you, the specialist helps you move forward. If not, you stop there with no obligation.
Waiting period options
Pick a qualifying period that reflects your emergency savings.
60 days
Fastest typical option. Ideal if you need the benefit to start quickly after redundancy.
90 days
Balanced midpoint that keeps premiums manageable and still starts within three months.
120 days
Lowest premium. Works if you can lean on savings/statutory payments before benefits begin.
Who it’s for
Best fit is employed UK applicants who want short-term help with core bills if they are made involuntarily redundant.
Households with fixed outgoings
- Keep rent or mortgage, utilities and childcare covered while you job hunt.
- Avoid draining savings or missing credit commitments.
Employees in at-risk sectors
- Add a buffer where restructures or downsizing are more common.
- Match the benefit period to how long you typically take to find the right role.
What affects the price?
Premiums vary based on your cover choices and employment profile.
Monthly benefit
Larger payouts (up to £2,500) raise the premium but cover more of your bills.
Benefit period
Policies that pay 12 months cost more than six-month versions.
Qualifying period
The longer your waiting period, the lower the premium.
Role & sector
Job stability, tenure and industry risk affect provider appetite and pricing.
Add-on cover
Bundling accident & sickness protection increases cost but broadens protection.
Frequently asked questions
What is redundancy insurance and how does it work?
Redundancy insurance is short-term cover designed to help with core bills if you lose your job through no fault of your own. On this page, you don’t buy directly online or see on-page quotes. Instead, a Best Insurance specialist reviews suitable options with you, explains qualifying periods and exclusions, and helps you decide whether to proceed.
What happens after I enquire?
You complete the short form and a Best Insurance specialist contacts you by phone and email to discuss suitable redundancy cover options. The goal is to review what may fit your circumstances, not to lock you into a policy on-page immediately.
Who is eligible and what’s excluded?
Most providers require you to be on a permanent contract, working a minimum number of hours, and not under notice of redundancy when you apply. Voluntary redundancy, resignation, misconduct and retirement are usually excluded.
What waiting period should I choose?
Typical options are 60, 90 or 120 days.
- Shorter waits pay sooner but cost more.
- Longer waits lower the monthly price if you have savings or enhanced benefits.
How long will it pay out?
Most policies pay for up to 12 months per claim, though six-month versions are available. Choose a length that matches your savings and typical time-to-hire.
What does it cover?
It’s designed to help with core bills such as rent or mortgage, utilities, childcare and day-to-day essentials while you look for new work. Always review the policy terms for limits and exclusions.
Does redundancy insurance cover voluntary redundancy?
No. Policies only cover involuntary redundancy — situations where your employer lets you go through no fault of your own. Voluntary redundancy, resignation and misconduct are excluded.
Can I buy cover if redundancy has been announced?
No. You must not be under notice of redundancy when you apply. Insurers exclude known or expected redundancies during the qualifying period.