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Redundancy insurance is protection in case of becoming redundant, or getting laid off from, work. It pays a portion of your income, usually 75 percent, for a determined amount of time.

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Angie Heaney

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Q: What is the purpose of redundancy?
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Redundancy insurance is protection in case of becoming redundant, or getting laid off from, work. It pays a portion of your income, usually 75 percent, for a determined amount of time.


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