• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Private Unemployment Insurance

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

B

busybee

Guest
Is it possible to purchase PRIVATE UNEMPLOYMENT INSURANCE? If yes, then can someone suggest the names of those insurance companies? I am aware of govt. unemployment insurance and company sponsored supplimental unemployment benefits but I want to buy additional private unemployment insurance coverage just in case I get laid off, especially in this recession.
 


ALawyer

Senior Member
Aren't you the guy that had asked about Divorce Insurance?

Well there were, and still may be, some credit cards that carried a form of insurance that suspended obligations for or made payments during periods of unemployment. It was a gimick to get people to use their cards and may still be available.

I recall seeing an ancient actuarial study of a potential private unemployment insurance program that came out just before the Great Depression(1928 or so) . Any company writing it would have gone belly up by 1933.
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top