Q: Unemployment cover – Please can you clarify what a ‘program of job losses’ means in the policy wording.
My employer, like so many others, cut some jobs last year but it is not an ongoing program of job cuts and I have no reason to believe that there will be any more. Does this scenario exclude me from any unemployment insurance?
A: Further to your email.
The underwriters have confirmed that you would be eligible to apply for cover. However, please note there will be an initial exclusion period at the start of the policy for unemployment.