These policies provide tax-free benefits of up to 65% of gross monthly income, up to a maximum of £2,000 per month (although some limit benefits to £1,000 or £1,500), for up to 12 months in the event of incapacity through accident sickness and/or redundancy.

Benefit payments can be used for monthly expenses such as: Mortgage repayments; rent; council tax; utility bills; loan & credit card payments and insurance premiums.

Before making a purchase please check the policy Key Facts to ensure you are eligible for the policy and what you are and are not covered for, the Key Facts outline the benefits and exclusions that apply to the policy. You have the right to cancel this type of policy within 30 days of the start date without financial penalty, please check your policy documentation within the cancellation period to ensure the policy meets your requirements.

Please note that unemployment insurance cover is not suitable for anyone that has been made explicitly aware, either verbally or writing, that their job is at risk of redundancy.