Best Insurance cancels ASU cover

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Had a letter today saying Best Insurnace are cancelling ALL unemployment insurance cover (monthly premiums) because too many people are claiming!
This is despite having held the policy for 7 years and never claiming. And literally on the day I get the letter, I get made redundant!

How can an unemployment insurance be cancelled by the provider because more people are claiming? They take the money when things are working well for them! So much for insurance being in place for piece of mind!

Is there anything I can do?

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