Because the policy has a six-month waiting period following the initial enrollment, it's too soon to tell how many policyholders will file claims and whether the concept will work long-term.
However, Nylund is predicting that as consumers deal with an uncertain job outlook, supplemental unemployment insurance will become much more commonplace. "We have statistics that have told that you have a higher likelihood of becoming unemployed than becoming disabled or dying," she says. "I believe at one point down the road, unemployment insurance will be as much a household name along with life insurance or disability insurance."
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