General principle of unemployment insurance

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Due to the current crisis situation, the risks of job loss are high. Taking out private unemployment insurance has become common practice.

It is important to know the necessary information about insurance before subscribing to it. Discover in this article the advantages of private unemployment insurance .



Subscribing employees to unemployment insurance is an obligation to which canada email list all employers are subject. This insurance serves to protect workers in the event of loss of their job. It is therefore an employee's right included in their gross salary that the employer pays in the form of contributions. The State also contributes to the financing of the unemployment insurance fund.

Access to unemployment insurance requires a minimum period of work, and therefore contributions. In the event of job loss, the insurance allows the worker to receive an income. In general, the amount allocated is worth around 72% of the last salary. The unemployed person can benefit from it for up to 2 years. For individuals aged over 55, unemployment insurance can be received for up to 3 years. Executives, on the other hand, only receive a little more than half of their salary. Non-salaried executives, self-employed entrepreneurs and independent workers cannot benefit from unemployment insurance.