Income Protection Glossary of Terms
Redundancy Protection Definition
A redundancy protection or unemployment protection policy will protect your income if you are made redundant. Such a policy is usually sold as part of a larger policy known as ASU (accident, sickness and unemployment).
Other definitions:
- Accident Protection
- ASU (Accident Sickness Unemployment Insurance)
- Income Protection
- Payment Protection
- Permanent Health Insurance
- Redundancy Protection
- Unemployment Protection
Income Protection Guide
- What is Income Protection?
- What are the differences between the types of plan?
- What should I think about when choosing a policy?
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