Fraudulent Selling Of Unemployment Insurance
Unemployment insurance in the United Kingdom offers assistance to individuals who happened to lose their jobs or become unable to perform th...
http://niginsurance.blogspot.com/2014/06/fraudulent-selling-of-unemployment.html
Unemployment insurance in the United Kingdom offers assistance to individuals who happened to lose their jobs or become unable to perform their work responsibilities because of experience some forms of accidents, sickness, and the likes. There are companies and institutions that provide sickness and disability benefits to their employees and also, the government provides some temporary financial assistance to help individuals who are out of their current work.
This type of insurance is perceived to be of help to the working individual who fears for a possible redundancy at any point in his or her career. However, the unemployment insurance has been experiencing a lot of negative publicity for the past few years. This is because a lot of unemployment insurance policy holders are saying that they were mis-sold this insurance and that a lot of them are not able to claim for their insurance benefits.
These situations are not good and it had led prospective insurance buyers to lose this trust in this type of cover. On the contrary, there are still some things you can do to minimize and even put an end to these types of issues. To be able to look for the most appropriate type of unemployment insurance out there, you must know what to look for and the common exclusions which may affect how you claim for your insurance benefits. Some usually unemployment insurance cover exclusions are as follows:
You may not be able to claim for your insurance benefits if you are not a permanent resident of the United Kingdom. Foreigners who work in the United Kingdom may be qualified for their insurance claims but it the details on this aspect may vary depending on your provider so you may opt to talk to your insurance agent about this. If you got fired from your job because inappropriate office behaviour, chances are, you are not eligible to claim for your insurance money. Voluntary redundancy also makes you excluded to claim for your insurance payments as well.
A policy holder can claim for his or her unemployment insurance benefits if he or she is a regular full time employee for around 6 months even before they applied for the insurance policy. You should be working in the United Kingdom as well for you to be able to claim for your insurance.In addition to that, if you work for a fixed term and your unemployment is because the fixed term transpired already, then you are not eligible to claim for your insurance benefits.
Be very aware of the timelines needed to claim for your insurance benefits. For example, some insurance providers will ask you to notify them in 30 days for your insurance benefits to be given to you. However, if you are not able to do this within their designated time frame, you might not be able to claim for your insurance money.
Another thing you can do to prevent yourself from being a victim of fraudulent selling of unemployment insurance is to check if the insurance company who is currently offering you this cover is an authentic one who happens to be registered under the government as well. It pays to be sure since you are investing your money on this as well.
Do you want to find out more about Unemployment Cover in UK?, then visit Geraldine Baker's site at http://www.unemploymentcover.org.uk for your needs!
This type of insurance is perceived to be of help to the working individual who fears for a possible redundancy at any point in his or her career. However, the unemployment insurance has been experiencing a lot of negative publicity for the past few years. This is because a lot of unemployment insurance policy holders are saying that they were mis-sold this insurance and that a lot of them are not able to claim for their insurance benefits.
These situations are not good and it had led prospective insurance buyers to lose this trust in this type of cover. On the contrary, there are still some things you can do to minimize and even put an end to these types of issues. To be able to look for the most appropriate type of unemployment insurance out there, you must know what to look for and the common exclusions which may affect how you claim for your insurance benefits. Some usually unemployment insurance cover exclusions are as follows:
You may not be able to claim for your insurance benefits if you are not a permanent resident of the United Kingdom. Foreigners who work in the United Kingdom may be qualified for their insurance claims but it the details on this aspect may vary depending on your provider so you may opt to talk to your insurance agent about this. If you got fired from your job because inappropriate office behaviour, chances are, you are not eligible to claim for your insurance money. Voluntary redundancy also makes you excluded to claim for your insurance payments as well.
A policy holder can claim for his or her unemployment insurance benefits if he or she is a regular full time employee for around 6 months even before they applied for the insurance policy. You should be working in the United Kingdom as well for you to be able to claim for your insurance.In addition to that, if you work for a fixed term and your unemployment is because the fixed term transpired already, then you are not eligible to claim for your insurance benefits.
Be very aware of the timelines needed to claim for your insurance benefits. For example, some insurance providers will ask you to notify them in 30 days for your insurance benefits to be given to you. However, if you are not able to do this within their designated time frame, you might not be able to claim for your insurance money.
Another thing you can do to prevent yourself from being a victim of fraudulent selling of unemployment insurance is to check if the insurance company who is currently offering you this cover is an authentic one who happens to be registered under the government as well. It pays to be sure since you are investing your money on this as well.
Do you want to find out more about Unemployment Cover in UK?, then visit Geraldine Baker's site at http://www.unemploymentcover.org.uk for your needs!
