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Payment protection unemployment |
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The word unemployment became important from the great depression times. The idea that the government should do something for the protection of the unemployed started from then onwards. The jobs are disappearing very fast in the present days of fast redundancies. It is no longer possible to get life long jobs. The technologies are changing very fast. If the roots start doing the job of the human welders and start doing all the welding jobs, then the human welders will be automatically jobless. All these human welders have not committed any faults and still they will lose their jobs. The people are losing their jobs at a very fast rate. When a person has lost his job without any of his faults, and is still seeking the work actively, he has become unemployed. He is able to work. What should such an unemployed person do protect his income? There is a real risk that you may become jobless tomorrow. It is necessary to cover this risk. There are insurance companies who have all sorts of insurance cover products for all types of risks. If you lose your job, then your monthly income will stop immediately. But your monthly expenses are |
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