Woodbury, NY, November 12, 2016 --(PR.com
)-- According to the jobs report released on Friday, a growing number of Americans are applying for unemployment benefits, the highest since early August. Additionally, more than 2 million Americans continue to collect unemployment checks.
“Unfortunately, many of these newly-unemployed individuals are discovering the hard way that state unemployment benefits alone barely cover necessities,” explained David Sterling, whose company, SterlingRisk, is one of the top independent brokerage firms. “Had these men and women known about IncomeAssure, they could be receiving up to half their former weekly salaries.”
IncomeAssure is a form of supplemental unemployment insurance that is available in all states except Hawaii and Alaska. Combined with state unemployment benefits, it provides up to 50% of former weekly salary when an individual is involuntarily unemployed.
Sterling, whose company administers IncomeAssure, explains, “Today’s professional requires a financial cushion that realistically reflects one’s salary, and that’s what IncomeAssure delivers.”
Rather than a capped state unemployment benefit, which can be less than $265 a week, IncomeAssure insures you for up to half of your former weekly salary. It allows policyholders to maintain their current lifestyle and pay their bills while unemployed - including such major household expenses as mortgage payments, hospital bills, and college tuition.
“In times of economic uncertainty,” Sterling concludes. “it makes financial sense to take precaution wherever possible. The time to look into IncomeAssure is now, while you’re still employed.”
IncomeAssure is the first and only direct-to-consumer supplemental unemployment insurance product available that allows families to meet critical payments and living expenses when a primary wage earner becomes unemployed.
To learn more about IncomeAssure, call 888-618-2071 or visit www.IncomeAssure.com.