Redundancy insurance is a relativley new term. As you might expect redundancy insurance insures you against the risk of becoming redundant. In recent months this type of insurance has become particularly popular. No one anticipated the current recession which took most business owners and companies by suprise. As a result most businesses were still in expansion mode after what had been a long period of economic boom. This has resulted in a huge surge in redundancy. To read in detail visit our section on redundancy insurance which contains a guide to this type of insurance. (more…)