Redundancy Insurance

If you want to insure your income against the unfortunate possibility of unemployment, then redundancy insurance is what you’re looking for. In today’s job market no one’s position is safe: manufacturing jobs are becoming automated, once booming industries are downsizing by the thousands, and so forth; but with redundancy insurance you’ll receive a stipend each month if you lose your job in order to keep you afloat while you search for a new career.

The Different Types

There are several different redundancy insurance policies available, depending on the provider and desired level of protection. Mortgage insurance, for example, can be used to take care of your future mortgage payments. However, this can prove too costly, depending on the service provider. Standalone insurers can often save you money. These payment protection insurance (PPI) policies can cover a specific amount of your monthly mortgage payments and safeguard you against the risk of foreclosure in addition to helping pay off other debts. Another option is loan payment protection, which also protects you from the risks of unemployment while allowing you to service your credit card bills or debt repayments at each month’s end, and this helps to keep your credit score from dropping during tough times. The last type of PPI is income protection, which covers your outgoings in general. The coverage and cost differs between these three types of PPI policies and you should decide which would best suit your needs without costing you too much.

Redundancy insurance allows you to insure potential lost monthly income. It would allow you to keep your balance payments under control, and it’s also tax-free– all of which makes sure that you’re protected as you search for a new profession. This safeguard kicks in between 30 and 90 days of continual unemployment and, after it kicks in, you’ll receive your stipends for 12 to 24 months. But redundancy insurance doesn’t last forever, so it’s important that you use this time wisely.

Additional Resources:

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We Have Decades of Experience In Digital Asset Acquisitions

Your domain is one of the most mission-critical purchases your business will ever make. Speak with us about domain brokerage and work with our experts to acquire your desired assets for the best price – delivered with an end-to-end service.
  • Budgeting

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  • Strategy

  • Appraisals

  • Acquisition

  • Transfer & Registration

  • Market Research

  • Contract Negotiation

WE’VE SECURED PREMIUM DOMAINS FOR SOME OF THE WORLD’S BIGGEST BRANDS
timeco2 logomcqueen logokraken logohuk logoequivia logoprudential logovodafone logo

WHY WE’RE TRUSTED

We’ve Done Half a BILLION Dollars of Domain Deals

Domain Transactions

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Domain Name Sales

$550M+

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15+

WHAT PEOPLE SAY

Real Success, Real Clients

"When starting a company, the Saw.com broker service team are some of the first people I call. A memorable name, and the domain and social handles behind it, creates a huge amount of brand equity right out the gate — no matter how big or how small your company is. From diapers.com to jet.com (and many more to come!) the Saw.com domain broker team has helped my companies be seen."

Marc Lore avatar

MARC LORE

Serial Entrepreneur

"We have worked with Saw.com since their inception and would not work with anyone else. They help us in all facets of business - from sales and transfers to renewals, SSL issues and any other matters that may arise. You will not find a better, more trustworthy business that has maximized our profits."

Future Media Architects representative

FUTURE MEDIA ARCHITECTS

WHY CHOOSE US?

Nobody Does Domain Deals Better

Deep Experience

Deep Experience

Our team is full of domain experts and our CEO, Jeffrey Gabriel, has contributed to $550m in domain transactions including blockbuster sales like the record-breaking $13m for Sex.com.

Intimate Service

Intimate Service

We only work with individuals and corporations who we feel can gain the most impact from our services. We're not a high-volume shop, so you never become "a number on the spreadsheet".

Secure Marketplace

Secure Marketplace

Saw.com's global marketplace brings buyers and sellers together for seamless domain transactions. We have more domain data than any other platform, with 250,000+ names listed for sale.

Quality Brokers

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Work with our brokers - the brightest minds in the business and stone-cold killers when it comes to buying and selling domains. We speak English, Spanish, Chinese, Russian, and more.

Ready To Give Your Brand a Boost?

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