subject: Redundancy Protection Plans To Help You Out! [print this page] Before you opt for an unemployment payment protection, see if the insurance provider covers self employed people too. Similarly, employees on contract must choose unemployment insurance carefully. Payment protection insurance companies will accept a claim only if the worker is on a yearly contract that has been renewed at least once every year. Or else you should be in employment for at least 6 months with the same employer or organization, wherein the contract has been renewed twice in a year. Here, unemployment insurance will pay only if the contract has been terminated early, and the unemployment insurance benefit will be paid only until the date the contract would have expired.
