Job Loss Protection Insurance

Provides a layer of protection against loss of income due to involuntary unemployment.  It protects the committed monthly repayment to the Account Servicer or Policyholder if your customers become involuntary unemployed.

It can be structured to provide a significant product enhancement for:

• Mortgage Providers
• Unsecured Lenders
• Credit Card Providers
• Motor Manufacturers
• Telecom Providers
• Energy/Utility Companies
• Motor Distributors
• House Builders
• Educational Care Product Providers
• Retailers
• Affinity Groups

Coverage terms vary from 12 to 36 months and from 3 to 6 months benefit any one claim. A re-qualifying period, where applicable, of 12 weeks gainful employment must be observed before a customer can reclaim under the cover.

Protection for customer scheduled monthly account payments up to $2,000 can be considered.