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Sunday, May 22, 2011

Unemployment insurance

Private insurance is an insurance company doing to ensure the contractor against loss of work. And require some financial institutions and banks from borrowers that they believed to be jobless, so as to ensure they can pay their monthly installments for loans in case of loss of work. Unemployment insurance is intended here is a special contract between the insurer and the owner of the insurance policy, required by the Bank of the person who submits to the bank to take a loan. It differs from unemployment compensation, which is called in German Arbeitslosenversicherung and paid by the government agencies to Group Ooualemozv who lost his job to secure the minimum of subsistence, he and his family. And entered into the unemployment insurance to ensure Asudaid the rest of the debt of the debtor in the case of exposure to unemployment, and thus reduce the banks of the possibility of loss if the debtor's exposure to unemployment. And serves the insurance as follows: The insurance company to pay the amount contracted with the person for a short period of time, with a maximum range of two years. Required in the contract of insurance against unemployment, the period between the date of the eyes of the contract and the date of entry into force of the insurance contract. It is hit by unemployment during the period that attention is not entitled to capture the amount of insurance agreed. It should not be an insured person is causing his unemployment (such as refusing to work, or take action in violation of the consequent dismissal from work), Not accept some of the categories to the conclusion of contracts of insurance against unemployment, such as non-educated workers, ears at risk of unemployment, a large

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