WikiWirral Online with you since 2003, fantastic.
Forum Stats
12450 Members
65 Forums
73744 Topics
996720 Posts
52 posts in the last 24hrs
Max Online: 7831 @ 8th Apr 2013 4:18pm
Who's Online - Click Me
77 registered (4436789, 13 invisible), 1197 Guests and 234 Spiders online.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


(Views 7days)This Weeks Most Read
Insecure sites. 575
Games for children 388
What is your Daily Exercise ? 373
Is this crime against humanity 330
Wanted Wii consul 240
Travelling Bus and Train Which Tickets? 215
Replacement Key Fob casing 207
Anyone read this ? 195
Taltalk Broadband Dying 181
Charity fishing match 160
New General Forums
Telephone Caller Alert - they are NOT BT BROADBAND
by Laraine
Yesterday at 06:04 PM
Are you a Mathematician ?
by granny
15th Nov 2017 8:59am
Poor Bruce
by diggingdeeper
15th Nov 2017 1:15am
Charity fishing match
by paul110180
14th Nov 2017 8:03pm
New Wirral History
Downloadable oldwirral pdfs
by derekdwc
9th Oct 2017 12:26pm
Forum Tips
Photo Gallery Forums
clipper yachts arriving for round the world race
Azamara,silouette and balmoral this mornig
Topic Replies
Downloadable oldwirral pdfs
by diggingdeeper
52 minutes 3 seconds ago
What song are you listening to?
by Dilly
53 minutes 26 seconds ago
John Lewis advert
by buddy
Today at 12:01 PM
Fitting bathroom lights need help
by Excoriator
Today at 11:39 AM
Games for children
by venice
Today at 01:55 AM
DIY advice needed
by yr20405
Yesterday at 11:23 PM
Charity fishing match
by paul110180
Yesterday at 09:29 PM
where to get cheap carpet
by venice
Yesterday at 09:27 PM
Charity fishing match
by paul110180
Yesterday at 09:25 PM
November
M Tu W Th F Sa Su
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30
Recent Posts : What's On ?
The Lanterns at Chester Zoo
by granny
16th Nov 2017 1:05pm
bonfire night
by snowhite
3rd Nov 2017 5:40pm
Topic Options
Rate This Topic
#439113 - 24th Oct 2010 9:03pm Redundancy Insurance
LisaW Offline
Enthusiast

Registered: 31st Aug 2010
Posts: 163
Loc: Bromborough
Can anyone suggest a good company to take out this type of insurance with.

I work for a Council and it's looking likely that there will be more redundancies coming up although my job is safe for a year or so due to the project we are working on

I have life insurance etc but never bothered with income protection as my Hubby is in a very secure job and i have been working for the Council for 11 years and have never had previous concerns about losing my job.

From quotes, i can get around 1k cover for 35 a month but if anyone could advise if that's a good price or if the insurance is worth it, i'd be grateful smile

Thanks

Lisa

Top
Google Ads
#439114 - 24th Oct 2010 9:08pm Re: Redundancy Insurance [Re: LisaW]
insanekitty Offline
Addict

Registered: 18th Mar 2009
Posts: 200
Loc: Woodchurch
You would have to be careful and make sure they pay out if your hubby is still working. As with any policy check the small print cos they will try and get out of paying if then could.
I claimed last year on my mortgage policy cos I signed on sick and I had to wait for 60 days then they paid out in 30 day arrears.

Top
#439116 - 24th Oct 2010 9:14pm Re: Redundancy Insurance [Re: insanekitty]
LisaW Offline
Enthusiast

Registered: 31st Aug 2010
Posts: 163
Loc: Bromborough
Hi, thanks for the reply. The insurance would be for me to cover the loss of my income so could they still refuse to pay out if Hubby is working

I will get redundancy pay so i'm not sure if that will affect the insurance payout.

Grateful for the advice smile


Edited by LisaW (24th Oct 2010 9:16pm)

Top
#439121 - 24th Oct 2010 9:42pm Re: Redundancy Insurance [Re: LisaW]
Softy_Southerner Offline

Forum Guardian

Registered: 2nd May 2008
Posts: 4093
Loc: Back in Devon
In my experience if there's even a tiny inkling that you were pre warned that you were going to be made redundant then they will take your money but won't pay out when you try and claim

Top
#439124 - 24th Oct 2010 9:50pm Re: Redundancy Insurance [Re: Softy_Southerner]
LisaW Offline
Enthusiast

Registered: 31st Aug 2010
Posts: 163
Loc: Bromborough
Hi, just to clarify, my department was restructured recently and we lost 2 Managers via voluntary early retirement so as things stand, my job is safe and i have not been told that there is any future risk of redundancy.

I'm just looking at playing it safe on the off chance that my department is reviewed again but as i mentioned in my OP, we are in the middle of a project to save the Council Millions in efficiences so we're not likely to be looked at again while we're reaching our targets.

Hope that makes sense, sorry to waffle smile


Edited by LisaW (24th Oct 2010 9:51pm)

Top
#439127 - 24th Oct 2010 10:12pm Re: Redundancy Insurance [Re: LisaW]
diggingdeeper Offline

Wiki Master

Registered: 9th Jul 2008
Posts: 10791
Loc: Birkenhead
If your reasonably confident then put the money away yourself in cash ISAs or whatever's on the market now, and hence hedge your bets instead.

You would be kicking yourself if that money went to an insurance you didn't claim on. And yes they can be very slippery when it comes to claim.

If you need more certainty/assurance then get an insurance policy, there is no correct answer it is just a matter of choice and you need to understand every word in the fine print.
_________________________
In a time of universal deceit - telling the truth is a revolutionary act. George Orwell

When the debate is lost, slander becomes the tool of the loser. Socrates

Top
#439129 - 24th Oct 2010 10:18pm Re: Redundancy Insurance [Re: diggingdeeper]
LisaW Offline
Enthusiast

Registered: 31st Aug 2010
Posts: 163
Loc: Bromborough
Thanks for your replies.

I'll look into the quotes i've had tomorrow and will go over the fine print just to be on the safe side

Top
#439142 - 24th Oct 2010 11:17pm Re: Redundancy Insurance [Re: LisaW]
Nigel Offline

Wise One

Registered: 26th Mar 2010
Posts: 850
Loc: Wirral
Originally Posted By: LisaW
Thanks for your replies.

I'll look into the quotes i've had tomorrow and will go over the fine print just to be on the safe side



I have found that I have paid a small fortune in insurance premiums over the years. I have no children and I stopped the policies dead. You are better putting all that money to one side as DD says - hedge your bets, the first thing insurance companies look at in the event of a claim is "HOW TO GET OUT OF PAYING OUT!" Mark my words.
_________________________
O give thanks unto the LORD; for he is good; for his mercy endureth for ever ...

Top
#439145 - 24th Oct 2010 11:31pm Re: Redundancy Insurance [Re: Nigel]
Capt_America Online   content
Forum Addict

Registered: 26th Jul 2008
Posts: 1504
Loc: Wallasey
With the job loses the government announced I would be surprised if any insurance company would touch you, and yes they would refuse to pay out because of the small print. The insurance would not pay out life cover when my wifes ex partner died suddenly, insurance is a scandal. See the topic in the motor section about renewal quotes. It's all a scandal, no wonder people try to screw the insurance when they have to claim for break ins etc.


Edited by Capt_America (24th Oct 2010 11:38pm)
Edit Reason: Too many ww's in screw, got excited!
_________________________
See you in cyberspace!

Top
#439177 - 25th Oct 2010 12:23pm Re: Redundancy Insurance [Re: Softy_Southerner]
dexydoodle Offline
Beginner

Registered: 13th Mar 2010
Posts: 9
Loc: Wallasey
Originally Posted By: Softy_Southerner
In my experience if there's even a tiny inkling that you were pre warned that you were going to be made redundant then they will take your money but won't pay out when you try and claim


agree totally with this

Top

Moderator:  Mod 
Random Wirral Images

Click to View Topic.
Newest Topics
Fitting bathroom lights need help
by yr20405
Yesterday at 11:29 PM
Charity fishing match
by paul110180
Yesterday at 09:29 PM
Games for children
by granny
Yesterday at 01:35 AM
Are there any doctors or nurses on here.
by granny
16th Nov 2017 11:52pm
Bath Lifts
by locomotive
16th Nov 2017 6:22pm
For Sale & Free
where to get cheap carpet
by mickturner
Yesterday at 04:24 PM
White radiator single panel 1400 x 600 - good cond
by gerrymoore
16th Nov 2017 9:16am
Samsung Galaxy S7 Titanium Silver + Extras
by j_demo
15th Nov 2017 7:29pm
Vaping set
by paul110180
15th Nov 2017 2:37pm
Wanted wii consul box
by dodie
15th Nov 2017 12:19pm
Featured Member
Registered: 9th Jul 2008
Posts: 10791
Newest Members
monadrexx, Dipper, DarioLo, JohnG74, kerryanne1980
12450 Registered Users
Today's Birthdays
eggandchips (64)
New Wirral Info
Fitting bathroom lights need help
by yr20405
Yesterday at 11:29 PM
Games for children
by granny
Yesterday at 01:35 AM
Bath Lifts
by locomotive
16th Nov 2017 6:22pm
The Lanterns at Chester Zoo
by granny
16th Nov 2017 1:05pm
Travelling Bus and Train Which Tickets?
by fish5133
15th Nov 2017 5:31pm
News : New Topics
Anyone read this ?
by venice
16th Nov 2017 3:22pm
Is this crime against humanity
by granny
13th Nov 2017 4:04pm
Wedding for Cancer Research !
by Katemargaret
11th Nov 2017 10:38pm
The EU and us.
by Excoriator
11th Nov 2017 8:44am
Police, St Josephs Primary, Woodchurch Road
by diggingdeeper
7th Nov 2017 3:55pm
New Enthusiast Forums
Charity fishing match
by paul110180
Yesterday at 09:29 PM
Are there any doctors or nurses on here.
by granny
16th Nov 2017 11:52pm
Taltalk Broadband Dying
by diggingdeeper
15th Nov 2017 3:40am
Replacement Key Fob casing
by fish5133
14th Nov 2017 7:45pm
Insecure sites.
by venice
13th Nov 2017 3:54pm
(Views 24hrs)Trending Newest Topics
Fitting bathroom lights need help 75
Charity fishing match 30
Telephone Caller Alert - they are NOT BT BROADBAND 26
Wirral Sunrise Sunset
Sunrise Sat 7:44am
Sunset Sat 4:10pm
Local Time Sat 5:54pm
WikiWirral Can . . . .