i might be made redundant. can i get insured?
Posted: Mon Apr 20, 2023 10:58 amI am worried that I will not be able to keep paying my mortgage if i get made redundant as i fear. is it best to get insurance now?
The answer is "it depends". If you have been officially told by your employer that they are considering making you redundant, then if you took out a policy and claimed, that claim would be rejected.
However, if you are just worried about your job but have no specific reason to beleive that redundancy could be on the way, then you should be OK to insure yourself. Some policies will not let you claim for the first 3 months you have the policy so check out what your proposed insurer says about that.
Lets hope that your job remains sound. Best of luck.