This type of cover is available for both the employed and the self employed.
If you are employed, and you employer makes you involuntarily unemployed, you can claim under this cover.
For the self-employed, unemployment cover will pay out if you are declared bankrupt or if your business becomes insolvent or goes into liquidation.
It works much the same as Income Protection, with successful claims paying out a specified amount on a monthly basis.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE