The outlook of employment these days is bleak because the times are harder these days compared to before. This is the day and age as well of modern technology wherein smart computers are being developed and improved that they are made capable of replacing human beings and doing the job that these humans used to do. In other words, you don't have job security anymore. It is a thing of the past.
But even though you don't know what can happen in the future, it doesn't mean there is nothing you can do to be ready for the unknown. The girl scouts and the boy scouts have got it right. Always ready is a great motto to practice.
What happens if you do become unemployed because you have been made redundant at work? What happens if you get in an accident that leaves you with serious injuries and you can't work? What happens if you become seriously ill that you can't earn a living for quite awhile?
What happens is you can end up selling off your stuff - your valuable items such as your jewellery or your gadgets like your computer and your TV. You may even end up losing your house because you can no longer afford to pay the mortgage cost.
If in case you are unable to pay for your expenses and bills, even just for a month, you might experience some problems. For the worst part, you may even have your mortgaged house repossessed by your mortgage loan lender. If this problem would continue, you might even have your savings depleted just to be able to deal with your expenses and repayments.
Unemployment Insurance is also known as Accident, Sickness and Unemployment policy or ASU. With this, you can file for insurance claim and receive pay outs from your insurance provider for the following reasons: 1) if you've been made involuntarily redundant at your work 2) if you got really sick and you can't work for awhile and 3) if you got involved in an accident and sustained injuries that also prohibits you from earning a living. In other words, you are entitled to insurance pay outs if your reason for unemployment fell under categories that are beyond your control.
You can use the money you will get from your insurance claim to pay off your financial obligations and even for your little pleasures in life because the money will be given to you directly so you can spend it anyway you please. You will be eligible for unemployment insurance claim for as long as the reason for your job loss is a reason beyond your control and not because you voluntarily resigned from your job or you were terminated because of misconduct. Wouldn't it be great to know that in the event that the unfortunate unexpected happens you are ready?
But even though you don't know what can happen in the future, it doesn't mean there is nothing you can do to be ready for the unknown. The girl scouts and the boy scouts have got it right. Always ready is a great motto to practice.
What happens if you do become unemployed because you have been made redundant at work? What happens if you get in an accident that leaves you with serious injuries and you can't work? What happens if you become seriously ill that you can't earn a living for quite awhile?
What happens is you can end up selling off your stuff - your valuable items such as your jewellery or your gadgets like your computer and your TV. You may even end up losing your house because you can no longer afford to pay the mortgage cost.
If in case you are unable to pay for your expenses and bills, even just for a month, you might experience some problems. For the worst part, you may even have your mortgaged house repossessed by your mortgage loan lender. If this problem would continue, you might even have your savings depleted just to be able to deal with your expenses and repayments.
Unemployment Insurance is also known as Accident, Sickness and Unemployment policy or ASU. With this, you can file for insurance claim and receive pay outs from your insurance provider for the following reasons: 1) if you've been made involuntarily redundant at your work 2) if you got really sick and you can't work for awhile and 3) if you got involved in an accident and sustained injuries that also prohibits you from earning a living. In other words, you are entitled to insurance pay outs if your reason for unemployment fell under categories that are beyond your control.
You can use the money you will get from your insurance claim to pay off your financial obligations and even for your little pleasures in life because the money will be given to you directly so you can spend it anyway you please. You will be eligible for unemployment insurance claim for as long as the reason for your job loss is a reason beyond your control and not because you voluntarily resigned from your job or you were terminated because of misconduct. Wouldn't it be great to know that in the event that the unfortunate unexpected happens you are ready?
About the Author:
Do you want to find out more about Unemployment Cover in UK?, then visit Geraldine Baker's site at http://www.unemploymentcover.org.uk for your needs!
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