When might I not need unemployment insurance?

When you have sufficient revenue from other sources such as saving or shares, unemployment protection insurance is not always required. If you are one of the lucky few who have sufficient savings to tide them through a period of unemployment, or you believe you could realistically adapt your lifestyle to take account of reduced income following unemployment, then you may consider this unemployment insurance or any other unemployment insurance product to be unnecessary.

Your employer may have a good sickness benefit scheme:
Unemployment insurance may be unnecessary if your employer has a sufficient sickness benefit scheme.