recession, insurance, job loss: February 2008 Archives
It's fairly apparent now: even George Bush says "we're in a slowdown". Oil prices are up, record low dollar values, credit "squeeze". The economy is either in a recession or on the brink of a recession. All of this is rippling through the economy at a rapid pace.
You know where this will end up, don't you? Rising unemployment rates. Your job could be in danger. What would you do if your employer announced massive layoffs? Could you find another job quickly? Is your resume current? Hey, it's a competitive job market out there. Are you confident you could find employment without experiencing a major loss of income? Could you pay your bills on time for several months without a regular salary?
Aside from paying closer attention to your job performance, take a look at your current financial obligations and try to think ahead a bit: what bills could you postpone paying? Certainly not the mortgage payment, the car payment, the utilities, the insurance.
"An ounce of prevention is worth a pound of cure"...an old adage, yes...but did you know that Unemployment Insurance is available?
For about $55 per month, you can purchase Involuntary Unemployment Insurance that will pay you $2000 per month for up to 6 Months if you lose your job. Visit www.salaryprotector.com to get a personal price quote and enroll online.
Paid in addition to any state unemployment program, this unique one-of-a-kind insurance is now available in 35 states. Benefits are paid to you individually to pay your bills when you're unemployed and your salary stops. There is a "Vesting" period: you must become unemployed after a 6 month 'waiting' period. Sorry, you cannot buy the policy and file a claim immediately...there must be a 6 month period of continuous employment between purchase and claim.
So, a word to the wise: if there's some doubt in your mind about your employer and your prospects of continued employment through the foreseeable future - a small investment insurance premium might be worth considering.
Contact John Hartline
800-562-8019
You know where this will end up, don't you? Rising unemployment rates. Your job could be in danger. What would you do if your employer announced massive layoffs? Could you find another job quickly? Is your resume current? Hey, it's a competitive job market out there. Are you confident you could find employment without experiencing a major loss of income? Could you pay your bills on time for several months without a regular salary?
Aside from paying closer attention to your job performance, take a look at your current financial obligations and try to think ahead a bit: what bills could you postpone paying? Certainly not the mortgage payment, the car payment, the utilities, the insurance.
"An ounce of prevention is worth a pound of cure"...an old adage, yes...but did you know that Unemployment Insurance is available?
For about $55 per month, you can purchase Involuntary Unemployment Insurance that will pay you $2000 per month for up to 6 Months if you lose your job. Visit www.salaryprotector.com to get a personal price quote and enroll online.
Paid in addition to any state unemployment program, this unique one-of-a-kind insurance is now available in 35 states. Benefits are paid to you individually to pay your bills when you're unemployed and your salary stops. There is a "Vesting" period: you must become unemployed after a 6 month 'waiting' period. Sorry, you cannot buy the policy and file a claim immediately...there must be a 6 month period of continuous employment between purchase and claim.
So, a word to the wise: if there's some doubt in your mind about your employer and your prospects of continued employment through the foreseeable future - a small investment insurance premium might be worth considering.
Contact John Hartline
800-562-8019
