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Shubham Dilip deore

Job insurance which will protect salary incase of job loss or termination

Policybazaar Team

Hello Shubham, thanks for writing in. We are not offering Job loss insurance as of now. Further, job loss insurance typically pays a percentage of the policyholder's income for a certain period of time after they become unemployed. The exact amount and duration of coverage may vary depending on the specific policy terms and conditions.

Some employers offer job loss insurance as a benefit to their employees, while others may purchase it independently. It is important to carefully review the terms of the policy to understand the coverage, exclusions, and any waiting periods or restrictions that may apply.

It is also worth noting that job loss insurance is not the same as unemployment insurance, which is a government-provided benefit program that provides financial assistance to eligible individuals who have lost their jobs.

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