With the confirmation that Synergy Protect will cease all new applications for unemployment insurance at the end of October 2009 this will certainly leave a gap in the market.
No other provider offers this level of cover that can be used to protect your lifestyle with such flexibility to choose between £100 and £2,000 per month cover no matter how much you earn or how much you pay on your mortgage or rent and all this with only a 30 day qualification period (initial exclusion).
I’ve yet to understand why so few know about this product even moneysavingexpert.com has no mention of the product even though its been avaiable in its current form since 1 July 2009. Instead they recommend an alternative thats more expensive has a 120 day initial exclusion (ouch) pays them commission and is limited on how much it can cover. This is truly a gem that when its gone will surely be missed.
Click to obtain a quote for unemployment income protection
Tags: Income Protection, Payment Protection Insurance, Redundancy insurance, Unemployment insurance
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