Unemployment Insurance

Unemployment insurance is usually part of the more general Accident, Sickness and Unemployment (ASU) Insurance. Redundancy, or unemployment insurance can be purchased as stand alone insurance policy. It is an optional insurance usually purchased to ensure that your mortgage is paid if you are off work as a consequence of unemployment. This is also why it is commonly known as Mortgage Payment Protection Insurance (MPPI). The downside, like all insurances, is that you have to purchase it in advance. But on the flip side, given the choice of paying a relatively small payment per year or the chance of losing your home as a consequence of unemployment, which would you choose?

If you are employed you may have a scheme at your place of work covering you in case of an accident or sickness, but it is highly unlikely they will have anything in place insuring you against unemployment!

Blue Moon are not tied to just one insurance company, we are working on your behalf and will search through the leading unemployment insurance providers to make sure that you have the best cover to suit your pocket.

If you would like a quote for your unemployment insurance cover give one of our friendly advisers a call on 0800 011 20 21.