I applied for credit protection against unemployment. What do the banks ask for when you pursue a claim? ?
The credit protection pushes off minimum payments for up to 2 years in the event you are unemployed, disabled, etc... I just want to know what the banks would need as support documents to prove that you've been unemployed. Thanks.
Public Comments
- Ask them.
- documentation from your former employer stating that in fact you have been involuntariily terminated and documenting the amoutn of hours your work and the length of your employment there. documentation from the state unemployment office stating you qualify for unemployment benefits. some companies require you to prove you have been actively employed for a certain time period, so documenation from the previous employer may be necessary too if the time period requirement isn't met. it's a b*tch and a lot of work but most of my clients who have had to use this protection all say it's more than worth it. it'll pay for itself in a couple of months depending on the costs.
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