What cover applies to voluntary redundancy for ASU policies?

Prepare for the CII Certificate in Insurance - Financial Protection (R05) Exam. Use engaging flashcards and multiple-choice questions with detailed explanations and hints. Ace your exam now!

In the context of ASU (Accident, Sickness, and Unemployment) policies, voluntary redundancy typically does not trigger coverage for benefits. These policies are designed primarily to provide support in situations of involuntary unemployment, such as dismissal or redundancy initiated by the employer for economic reasons or company restructuring, rather than situations where the employee chooses to accept redundancy voluntarily. Therefore, when discussing the impact of voluntary redundancy on ASU policies, the appropriate response is that there is zero cover available. This reinforces the idea that voluntary actions, such as choosing to leave a job under redundancy terms, fall outside the scope of protection offered by ASU policies.

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