Who Can Claim Redundancy Insurance?

There are different insurance plans going around today. Some of it are even debated by many, whether its purpose can truly benefit the user. One of the insurances today that people are not familiar about is the redundancy insurance – how to claim it, who are qualified to claim it, etc.

If an employee has been working for a company for at least 2 years, that employee is qualified to get a redundancy insurance. Now, if an employee is being considered a redundant for the company, he or she could get the beneficial payment before being removed from the job. This way, that employee can still be secured of his or her future.

About the author: Harlan Potter is a freelance consultant who gives advice to employees who have been removed from their current positions.