
City redundancies: how to cope financially
Telegraph
12 Giugno 2008
For those who have been made redundant, or fear they will be, this is obviously a stressful time. You and your family are more financially vulnerable between jobs than at almost any other time. Here is a checklist of points to help you cope financially.
1. Protection
Ask your employer about transitional benefits as part of your leaving package - particularly if you know there is another job on the horizon. You may have a period of six months or more where you have no life cover, no permanent health insurance, no critical illness or family income protection no medical insurance.
These will stop from the day you stop being employed by the firm. You may be able to keep some of these going for a specified period to help …
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