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Losing your job can devastate your financial life if, like most Americans, you don't have a hefty pot of gold in the form of ample emergency savings. Preparation for the worst-case scenario,...
During the first quarter of 2023, companies announced 270,000 job cuts, according to outplacement firm Challenger, Gray & Christmas, more than four times the number of cuts during the same period...
Wage insurance is a form of proposed insurance that would provide workers with compensation if they are forced to move to a job with a lower salary. The idea is usually proposed as a response to outsourcing and the effects of globalization, although it could equally be proposed as a response to job displacement due to increasingly productive technology (e.g. factories, or computers).
Ullico Inc. is a privately held insurance and financial services holding company in the United States.Formerly known as Union Labor Life Insurance Company, it was founded in 1927 [1] by the American Federation of Labor (AFL) and its then president, Samuel Gompers, to offer health and life insurance products specifically to working men and women.
Income Protection Insurance (IPI) also known as loss of earnings insurance is an insurance policy paying benefits to policyholders who are incapacitated and hence unable to work due to illness or accident. This is typically a replacement for lost income suffered by the policy holder. These policies were formerly called Permanent Health ...