Someone was recently telling me they had taken this out
I see some policies i.e. NRMA have
Income Protection does not include redundancy cover. Nor will you be covered if you are fired or if for some reason you have to leave work voluntarily
I see some policies i.e. NRMA have
Involuntary Unemployment Cover*
- Receive up to three months of payments while you look for work, if:
You?re made redundant from a full-time job, or you?re self-employed and your business becomes insolvent.
You?ve had Involuntary Unemployment Cover for at least six months