Should I pay off tracker with Redundancy or use Insurances

I have just being made involuntary redundant from work and will be receiving a lump sum. I have a tracker mortgage with insurance that will kick in for a year. I wonder if I should keep paying off my mortgage while the rates are low, pay off some of the mortgage with the lump sum, or take my 1 year insurances and put the the money in a savings account while looking for a new position. Any thoughts on the matter would be great.