Is there an unemployment insurance that is offered by banks as opposed to issued from the state?
Answers:
Although it depends on the bank you are with, they typically do not offer unemployment insurance to pay your bills or even pay you directly. Most unemployment or disability insurance offered by a bank is for a credit line or loan, such as a home equity line of credit (HELOC) or credit card - the insurance covers the payments you owe the bank, but you most likely cannot use the line of credit again until you stop using the insurance. Banks do not offer health insurance, but they sometimes offer auto, life and home insurance. Check with your creditors to see if they offer unemployment insurance, but keep in mind you must be employed at the time you sign-up for it. Good luck!
SOME BANKS DO FOR A SMALL FEE. TRY CALLING THE BANK TO FIND OUT DIRECLTY.
Some will offer to cover your house payment for a limited time, but most of what they offer is disability insurance.
No.
You have to be licensed to sell insurance.
A few credit card companies offer a "waiver of minimum premium" feature, but it's extremely hard to collect under it, and it ONLY pays the minimum amount due on your credit card (no late fees or over limit fees, either).
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