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Job-loss insurance in an uncertain World

Saturday, February 25, 2017, 5:54 AM

Job-loss insurance is also called income insurance. With job-loss insurance, the insurer pays back your loan EMI’s, for the short time you need, till you get another job. Job-loss insurance has a waiting period of 1 to 3 months. Job-loss insurance has tenure of around 1 to 5 years. But, you can make a claim, only once.
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