How would unemployment insurance help me?
This unemployment insurance protects workers who want to safeguard their income in the event of accident, sickness or unemployment.
You might for example be unable to meet the repayments on your mortgage if you fell ill or had an accident so are unable to work. This unemployment protection insurance provides an important safety net against such circumstances.
Unemployment insurance works when you can’t, so if your income dries up, the unemployment insurance steps in. So should you lose your income while covered by the unemployment insurance, it is there to help you pay your outgoings for up to 12 months or until you return to work.
With this unemployment insurance you cover the amount of all your monthly outgoings that would keep arriving, not just mortgage or loan, thus adding greater flexibility to your unemployment insurance arrangements.