NEW YORK – United Nations FCU said yesterday its UNFCU Financial Advisors CUSO will offer private unemployment insurance to help supplement state unemployment benefits for those who have lost their jobs.
Processing Content
It is being done through Assura Group of N.Y. Ltd, and is underwritten by the Great American Insurance Group.
The new offering, called IncomeAssure, replaces 50% of a person’s former earnings prior to unemployment. Clients can insure annual between $50,000 to $250,000 against the risk of losing a job.
To be eligible, a person must be a fulltime W-2 employee, not have been unemployed within the last two years and must have been with their employer for at least six months.
