Why Job Loss Insurance is a must for every employee

Job Loss Insurance is an optional insurance coverage which can be availed by a salaried or a self employed individual. A self employed individual can only avail benefits when there is loss/damage to the workplace due to fire,peril or the inability to access the workplace. The insured individual can avail benefits in case of retrenchment/employment/ termination/dismissal/lay off.

source https://www.caclubindia.com/articles/why-job-loss-insurance-must-for-every-employee-44497.asp