Q: Please clarify the ‘120 day initial exclusion period for unemployment’. Does this mean if any claim is made you will not pay out until 120 days have lapsed. Or does it mean you cannot make a claim for the first 120 days of the unemployment protection insurance policy?
A: The 120 day initial exclusion period is a one off period at the start of the payment protection insurance policy.
If during that time you are made unemployed, notified of unemployment or the company went into a consultation period, merger or restructure that results in your unemployment – you will not be eligible to claim.