Lost Job? Worry Not, 'Job Lost Insurance' Is In The Making

By Ranjeet S Mudholkar (Guest Writer)

In today’s environment, protection against financial risks forms an integral part of a financial plan, and the risk of losing one’s regular stream of income is one of the major risks facing every working individual. Insurance can protect one against the financial impact of any disaster; Job loss insurance as a category of products is not available in India. However planning a second stream of income in such a way that it does not interfere with the regular occupation could help in managing this risk in a long way.

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