Personal finance web site moneynet.co.uk has launched a scheme which offers all UK workers a tax free financial cushion of up to £60,000 if they lose their job as a result of redundancy, as well as an exclusive 'back-to-work' assistance package.
The policy provides cover for all lifestyle expenses such as socialising, and clothing together with the more mundane items such as cost of travel to interviews, rent or a mortgage payment.
In addition, all claimants can take advantage of the 'back to work' service that will assist in securing the right job and not just the first job that comes along.
Managing director of moneynet, Richard Brown, comments: “In the current economic climate, there is no such thing as a job for life. Accordingly, we have negotiated a product that is both attractively priced and uniquely positioned to enable those currently in work to have peace of mind at an affordable cost.”