Mortgage protection policies do have a bad reputation for paying out. You should consult your particular policy documant for details of the cover that you have as they are all different. My guess is that, if you will be made redundant, they will cover you as long as you didn't expect this to happen when you took the policy out.

The government will pay the interest on a mortgage after a few weeks of unemployment. You should also investigate working tax credits if you will be working. My opinion is that it is better looking to these government policies rather than an insurance company's.

The last option for anyone in your situation is to head overseas.

Hi

Ive just posted about mortgage protection and this is a follow on from that. I am being made redundant at the end of the month (to be confirmed but very likely and if not then soon after) and I may be able to get hourly paid work (I work as an ESOL teacher and most of the work is hourly paid). However it seems that any mortgage protection for unemployment doesnt cover you if you do hourly paid work so basically is there any point having the protection ? Would it cover me if I worked 12 hours a week for example or doesnt it make any difference ?

Thanks